How markets could react to Fed and ECB meetings
A mixed batch of inflation readings moved market expectations, but it is more important to remember the Fed’s inflation dashboard.
Category: Asset allocation
Market volatility returns to “old” normal
Our outlook for stock market volatility sees the levels reached in 2018 continuing, in part because these levels were close to the long-term norm.
Shedding light on alternatives
Classifying alternative investment strategies by objective can help to illuminate the benefits they offer to portfolio diversification.
Markets sharpen focus on fundamentals
Concerns linger that the causes of the August market selloff could continue to trouble markets, but it’s important to consider fundamentals.
Why a bond allocation still matters
With some investors questioning the merits of maintaining a bond allocation, our investigation of asset correlations provides insights.
Winners and losers of cheap oil
When an asset price collapses, the pain is quick and concentrated, but the benefits tend to be more widely dispersed.
Commodities may gain diversification potential
Oil and other commodities look unattractive from a return perspective, but their diversification potential may be improving.
Wage growth is a test for Fed policy
Wage growth has been missing from the current recovery, but the conditions are in place to test whether this is a structural challenge for the Fed.
Three reasons this credit cycle may be lasting
Today, more than four years into the recovery, capital market opportunities are shifting, with conditions in credit sectors such as high-yield corporate debt becoming a bit less attractive. However, the current cycle has different characteristics that suggest investors should not abandon credit strategies just yet. Let’s consider the features of a typical cycle, such as