Our Views
Cross Quarterly
Investors who were rushing out of equities to stay in cash came rushing back in as risk assets rallied against consensus expectations Bank failures in the US were contained by regulators and the US debt ceiling eventually found bipartisan consensus H...
Monetary policy is a very blunt tool and may be ill-equipped to deal with all the intricacies of something as large and complex as the US economy By raising interest rates aggressively to combat inflation, the Federal Reserve runs a high risk of brea...
2022 was a historic year, where numerous stocks once held to be darlings fell over 75% Worse, assets which were once thought to be safe also faced historic drawdowns as fixed income had its worst year in well over multiple decades As we go into 2023,...
The Fed Chair’s acknowledgement that economic pain may be required to bring down inflation stands in marked contrast to prior rosy projections of a soft landing While inflation may have indeed peaked, we remind investors that peak inflation is not ...
2022 has had an eventful start to the year, to say the least Market volatility has been elevated, with the Federal Reserve and European Central Bank pivoting to hawkish rhetoric amidst soaring inflation Markets were roiled as investors repriced inter...
During the past quarter we increased our equity overweight and further reduced fixed income As the market digests concerns over the Omicron variant, we remain confident in the efficacy of vaccines We note that vaccine makers have expected new variant...