Rearview to Windshield, August 2022

Developments Over the Past Month   July 2022 Market Recap: The month of July was driven by better-than-feared earnings, economic data, and falling inflation expectations. The market spent most of June pricing in an earnings Armageddon that has yet to come to...

The Market in Pictures, July 22

Our team looks at a lot of research throughout each day. A few charts that caught our eye this week, and why:   Joseph: Current fundamentals looking nothing like those of historic bear market bottoms   Source: Strategas as of 07.15.2022   JD: Investors...
The Silver Lining of Bear Markets

The Silver Lining of Bear Markets

A high level of our portfolio construction process could be summarized as an attempt to hold less bonds and more stocks. We think this allocation shift allows portfolios to be better positioned moving forward. More potential for return, therefore, less exposure to...

The Market in Pictures, June 17

Our team looks at a lot of research throughout each day. A few charts that caught our eye this week, and why:   JL: by any measure, the inflation picture is different than the past two decades¬†   Dave: heading for only the 4th instance of back-to-back tandem...