Why Go Short?

Bond returns are primarily a function of two things: interest rates and duration. Interest rates are intended to reflect the cost of money, adjusted for credit risk and other factors. They go up and down

Read More
Feb 15, 2019

A Tale of Two Markets

The best of the market followed the worst of the market with the S&P 500’s worst December since 1933 preceding its best January since 1987...

Feb 12, 2019

Currency Hedging and Brexit

Brexit is the story that won’t go away. Every few weeks, it seems, it’s back in the headlines, most recently with the vote in England’s...

Feb 11, 2019

What Keeps Us Up at Night?

Our 2019 outlook is holding up well so far this year. The S&P 500 is up 16% over December lows. The U.S. Federal Reserve (Fed) has signaled it will slow – or even stop...

Feb 8, 2019

Avoiding Unintended Risks in Short Duration High Yield

“How do they not see it? It’s so obvious!” we often scream incredulously at our TVs, tablets and books when we are in disbelief...

Feb 8, 2019

Are Real Assets Being Overlooked?

Real assets – commodities, precious and industrial metals, timber and coal, for example – have been off the radar for many investors as markets...

sign up now to receive our latest blog posts