Renowned stock picker Peter Lynch was known for his mantra: invest in “what you know.” While it certainly worked...
Jonathan Swaney
Managing Director and Senior Portfolio Manager, MainStay InvestmentsJon 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.
For years now, equity markets have enjoyed a long, steady march higher. Benefitting from low starting valuations...
As a discounting mechanism, the stock market response to recent events...
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...
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...
As is typically the case in the late innings of a business cycle, leverage is elevated and rising. The Federal Reserve (Fed) has moved into action...
The global equity market generated outstanding results in 2017. Among the leaders of the pack were emerging market equities...
The 10-year U.S. Treasury yield breached the 2.9% level this week, as investors became wary of fiscal stimulus...