There has been a recent conversation and appropriate concern focused on the underlying stability of the Repo markets. A ferocious spike in rates recently set off alarms and getting to the bottom of the cause continues to be a difficult task.
A Repo is a corner of the financial markets that...
Looking past the residential market, the one area within the real estate complex that we see some potential problems with relates to the commercial sector. In particular, the aftermath of the incredible explosion of flexible/shared office space that was forged by companies like WeWork. The company found its beginnings in...
We recently had the opportunity to attend a luncheon with Former Federal Reserve Chairman Ben Bernanke. He held positions at the Fed starting in 2002 and was appointed Chairman in 2006. He served two terms as Chairman eventually stepping down in 2014, replaced by Janet Yellen.
During his tenure, he was...
Many have questioned why there is the potential for a rate cut if the U.S. economy is holding up well in the face of a global slowdown. On the heels of a “pivot” by the Fed in late 2018, the yield on the 2-year US Treasury has slipped from 2.95%...
Over the course of many years, we were led to believe that relying on economic data out of China was a fool’s errand. While we all witnessed the incredible growth of the Chinese real estate market, we eventually found out that it resulted in hundreds of miles of empty apartment...
This is a snippet from our recent quarterly commentary. We ask the question about the path toward investment success and wonder if there is another option that plays an important role in moving markets. In addition, we focus in on the Fed and their not-so unbiased nature when it comes...
The Eurozone financial condition has been in a state of disarray for some time. It is apparent to everyone watching that the ECB and the financial authorities didn’t do much to really put in place a plan to build a better foundation underlying the banks after the financial crisis.
What they...
Hope, Fear – Where Are We In the Cycle?
It was a brutal quarter for equities. The full-year was not too pretty either. In fact, looking back, it was one of only a few times in history that all major asset classes closed lower for a calendar year. In other...
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...
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...
Kasasa – Gabe Krajicek
This company provides Loan Payoff Scheduling and how it impacts the loan payoff timeline. The program calculates this for one-time payments or increasing your payments to your loan. This is nothing new, however…
This type of program allows you to remove some of your additional...
The Age of Blockchain How it will change finance:
John Hart – Director of Trading TD
The regulatory grey area is difficult to bypass and get to the point of utilization.
Raj Karkara – Managing Director at T0 and Overstock
The use of blockchain is unlimited and needs to be utilized in...
