The Debate Continues: Passive or Active for Fixed Income?
Over the years, there has been a robust and healthy debate within the investment community focused on the benefits of passive vs. active investing. Historically we have taken the position that, within the fixed income space, active strategies are generally the...
Trillions lost and key market indices are now in the red for the year. Earnings have been mixed but still decent growth overall. However, investors are focused on the outlook that is not as bright as was hoped for.
Plus, we take a take a look at some interesting statistical rarities...
Cycles Pulled Forward
Bullish U.S. Cycle
“History doesn’t repeat itself but it often rhymes“ – Mark Twain
Cycles are an economic reality. Sometimes they are short, sometimes they extend a bit longer than expected. But, more often than not, it is the same story that we see play out...
Sellers have emerged with a vengeance over the past couple of weeks. Earnings are spotty and there was clearly a bit too much exuberance going into this quarter. Yet, after a very poor opening, buyers started to nibble and that helped to rescue markets on Tuesday. What lies ahead? We...
There was mixed news for markets this week. Economic reports are still generally positive, but sentiment appears to have soured.
In this episode we take a look at the current market structure compared to a historical analog that may be a pattern to watch.
Here is the simple truth: there are no...
