Bonds in Balanced Portfolios – What’s The Point?
Over the years investors were trained that bonds provided the income in a portfolio while stocks provided capital appreciation plus some current income in [...]
US Economic Update January 2020
The US economy grew 2.3% in 2019 after a 2.1% print in the fourth quarter. While nothing to write home about, 2% plus growth [...]
Early Thoughts on the Coronavirus Scare
Our base case for the recent Coronavirus scare out of China is that it will loosely follow the script of previous pandemic scares. These [...]
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 [...]