People are buying gold hoping to hedge against inflation. We offer a more compelling reason to own gold and discuss what it can do when you own it.
It’s time for our annual August report, “Charts for the Beach.” Each year we highlight five of our favorite charts we think consensus is currently overlooking. Load up the cooler, get your towel and chair, and enjoy the charts! And, watch out for those sharks!!
Successful investing in Emerging Markets is inextricably linked to a deep understanding of Environmental, Social and Governance (ESG) factors.
Corporate fundamentals have been deteriorating in the US. Over the past six months we have seen meaningful erosion in profit margins, pricing power and the outlook for credit.
With the Senate having passed a budget plan yesterday with only Democratic votes as well as a tie broken by Vice President Harris, it is only a matter of time before President Biden signs the first significant tax hike since the “Fiscal Cliff” tax hike in early 2013.
A trifecta of factors support the dollar, including the relatively strong performance of the U.S. economy, tightening monetary policy by the Federal Reserve, and safe-haven buying.
Mania. It’s hard to recognize when you’re in it.
Office spaces still have a role in the future of work.
Every investor must learn the one investing lesson in surviving the long game: how math works.
This is a quick market update for readers of Advisor Perspectives.
As of last month, the U.S. jobs market fully recouped the number of jobs that were lost due to the pandemic, in less than half the time it took following the previous downturn.
It’s a recession! No, not yet!
CIO Robert Horrocks, PhD, says well-managed companies, not inflation and interest-rate cycles, will determine long-term investment returns.
Russ Koesterich, Managing Director and Portfolio Manager, of the Global Allocation team explains why investors should expand their definition of quality in today’s market environment.
As expected, Wall Street wins again.
On the latest episode of the Behind the Markets podcast, we had a fascinating conversation with Don Kohn, former Federal Reserve vice chair, and Dave Goodson, Head of Securitized Fixed Income and Senior Portfolio Manager at Voya Investment Management.
During market downturns, financial pundits can often make you feel like the world is ending.
Across US indexes, growth has experienced a resurgence relative to value off the June 17, 2022 low.
Warren Buffett once famously suggested that investors should be “greedy when others are fearful and fearful when others are greedy.”
Franklin Equity Group Portfolio Manager Grant Bowers shares his outlook on inflation and recessionary risks and where he’s finding opportunities in US equities amid recent market volatility.
Concerns regarding inflation are almost everywhere you look—unless you happen to be looking at the Treasury bond market.
Neel Kashkari used to be the most reliably dovish member of the FOMC.
Jeff and Ron focus on the response by the Federal Reserve to rising inflation. They also discuss some of the consequences of increasing interest rates.
July was a surprisingly good month for financial markets, with the greatest monthly gains since 2020.
"Those who cannot remember the past are condemned to repeat it," wrote philosopher George Santayana in 1905.
U.S. equities finished mixed in choppy trading amid a host of data, events and cautious Fedspeak driving sentiment.
While inflation fears remain high, it is likely that we are past peak inflation and the largest interest rate increases are behind us.
We met with the portfolio managers of BlackRock Strategic Income Opportunities to have a wide-ranging discussion on their approach and why it’s so well suited to the current market environment.
In this video I will cover 4 dividend growth stocks: Walgreens Boots Alliance (WBA), Intel Corp (INTC), International Business Machines (IBM) and AT&T Inc (T).
Scott Minerd, Chairman of Guggenheim Investments and Guggenheim Partners Global CIO joins Bloomberg TV on Fed Day to discuss the Fed’s 75 basis point hike, and signs that the economy is already in recession.
Much has been made of the market’s relationship with the Fed in recent months.
We apply five levels of customization to four developed-market equity strategies to quantify the impact of customization (or direct indexing).
Exceptional circumstances roiled the loan market in the first half. It's impossible to say what will happen next, but the loan market's floating-rate feature could offer value in multiple scenarios versus other fixed income assets.
This week, economic and market news was projected to be bad, and the results came in even worse than projections.
The Federal Reserve raised short-term interest rates by three-quarters of a percentage point (75 basis points) on Wednesday.
The longstanding argument that go-go Keynesian fiscal stimulus is the answer to every imaginable economic shock has been exposed as bankrupt.
Oil execs are walking on eggshells.
Alastair Reynolds, Portfolio Manager at Martin Currie, discusses the opportunities for investors who look at high quality, sustainable growth companies in emerging markets.
The availability of goods and cost of shipping are improving.
No recession.
Our last update was on the 13th of July.
So did the U.S. just enter a recession? It depends on who you ask.
While it’s likely we are already in an as-yet-undeclared recession, it’s a very weird one if so. I have lived through quite a few of them and I don’t recall any other recession coinciding with record-low unemployment, plentiful job openings, and jammed airports.
Municipal bond issuers are often linked to tangible, physical assets directly exposed to the effects of climate change.
Can a weakening yen (JPY) continue to bolster Japanese equity markets?
The U.S. has experienced another quarter of reduced output, in the face of high inflation and rising interest rates.
As I said so many times, although you can learn a great deal from the past, you can only invest for the future.
It’s one of Warren Buffett’s best-known sayings: “Be fearful when others are greedy and greedy when others are fearful”.
I recently was asked by Patrick Schotanus of Edinburgh Business School to participate in their inaugural symposium on the subject of cognitive economics. The symposium took place at Panmure House, the final residence of the great economist Adam Smith, and the theme was the Market Mind Hypothesis (MMH), which Patrick developed.
ESG underperformance will be the strategy’s eventual undoing.
