Increasing Interest Rates and Equity Markets
Historically, the yield curve has effectively been a real-time business cycle indicator. The market’s growth and inflation expectations are projected at the long-end, while [...]
Market Commentary Q4/2019
Market Summary: The stock market closed the year on a euphoric high, propelled by a tentative truce in the trade war between the US [...]
Apple and Microsoft overtake the S&P 500 Consumer Staples sector
Since it has had such a profound effect on S&P 500 Index performance over the past eight years, the topic of FANG shares has [...]
The Importance of a Total Return Mindset in Investing
SUMMARY: Income return consists of stock dividends and interest payments. Total return consists of both income return and price return (appreciation). Income return is [...]
Credit Spreads and Implications to Investors
Summary Credit spreads refer to the premium that bond investors are paid for taking risk as compared to investing in risk free bonds Spreads [...]