Authors > Jonathan Swaney

Jonathan Swaney

Managing Director and Senior Portfolio Manager, MainStay Investments

Jon is a Managing Director and Senior Portfolio Manager in the Strategic Asset Allocation & Solutions Group.  His current focus is on management of the MainStay and third party asset allocation strategies.  Prior to assuming this position, Jon has worked within several other units of New York Life Investments managing equity and asset allocation portfolios and providing investment product oversight.  Jon began his career in financial services working on the fixed income desk at the Vanguard Group after having graduated from the College of William & Mary in 1991.  He also spent several years with a hedge fund of funds before coming to New York Life in 1997.

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Bond market neuroticism

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Yields are up, and with it, so too are the number and volume of the alarm bells. Two alarms are particularly loud...

A dollar ain’t worth a loonie anymore

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Throughout 2017 and into 2018 the U.S. dollar fell with relatively little interruption versus both a currency basket weighted by volume of trade...

Not All Dividend Yields Are Created Equal

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Generating income from dividend-paying stocks has been a tried and true investment strategy for generations...

The Case for Broadening One’s Investment Horizon

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Renowned stock picker Peter Lynch was known for his mantra: invest in “what you know.” While it certainly worked...

Time to Get More Active with Active Share

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For years now, equity markets have enjoyed a long, steady march higher. Benefitting from low starting valuations...

Market’s Reaction: Overdone, Rational, or Somewhere in Between?

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As a discounting mechanism, the stock market response to recent events...

The Four Horsemen (Plus One)

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The long bull market in equities ran into stiff resistance on several fronts as we pushed through the first quarter of the new year. We list the following among the most...

Meet LOIS and Hear What She Has to Say

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LOIS is a bit of a complicated construct. The “L” is extracted from the London Interbank Offered Rate (LIBOR), the rate at which banks lend to one another and for...