The Macro View

Posted by

Performance Snapshot: TICKER SECTOR Nov-19 YTD 2019 LQD CORPORATES 0.47% 16.75% HYG HIGH YIELD 0.57% 11.95% IEF TREASURIES -0.69% 9.04% AGG BARCLAYS AGG -0.03% 8.51% MUB MUNICIPALS 0.06% 6.77%     Sector Summary: US Treasuries: Throughout most of November, investors embraced the risk-on environment created in part by positive headlines regarding trade negotiations. US Treasury… Read more »


Posted by

  At its core, factor investing is a form of quality control. You have a set of criteria, or factors, that you believe are indicative of a stock’s success, and choose your investments by ranking companies based on these specific factors. Factor-focused investing may look at a number of different factors when choosing what stocks… Read more »


Posted by

Performance Snapshot: While equities have been strong through October, so too have bonds.  In fact, all domestic, investment-grade, fixed income sectors have outperformed the S&P 500 since 10/1/2018.   Sector Summary: US Treasuries: While US stocks extended their rebound and reached new all-time highs in October, Treasuries continued their strong 2019 and generated positive returns during… Read more »


Posted by

Active bond management does not mean “day-trading.”  Nor does it mean buying and holding to maturity.  Active bond management means being constantly apprised of where the markets are and seeking to take advantage of opportunities to add value.  It is vigilance.   We seek to add value in both the purchase and the sale of… Read more »


Posted by

  Performance Snapshot:   While equities have been strong through August, so too have bonds. In fact, all domestic fixed income sectors have outperformed the S&P 500 since 10/1/2018.      Sector Summary: US Treasuries: Mounting equity market volatility in August directed investors to the safety of Treasuries, with prices increasing and yields declining across… Read more »