Commentary

Charts for the beach

It’s time for our annual August report, “Charts for the Beach.” Each year we highlight five of our favorite charts we think consensus is currently overlooking. So, head for the beach, but be safe and heed the warning about the critical lifeguard shortages. Yet another sign the labor markets are historically tight!

Commentary

One for Millennials and Gen Z

Building wealth isn't difficult, so why don't people do it? As younger generations reach the point where they have finally saved enough to begin investing it may seem overwhelming to know where to start.

Commentary

It’s Simple Speculation, Not a Preference For Quality

Many stock market observers have commented regarding the market’s narrow leadership. However, few observers agree why this narrow leadership is occurring. Some, like us, believe it's purely speculation and others believe there's fundamental justification for it.

Commentary

How Are New Bulls Born?

It has been over seven months since the October lows, and during this time, the S&P 500® has rallied over 19%. Naturally, investors are pondering whether this marks the beginning of a new bull market.

Commentary

Defaults Accelerating: Beware the Coming Credit Crunch

A quick PSA from RBA: Beware of the coming credit crunch. The key goal of tightening monetary policy is to reduce the flow of credit. It is also important to note that the weakest links always default first. This cycle is so far no different.

Commentary

The Seesaw Becomes Extreme

We've described the past several years' stock market as a seesaw in which the "market" was the fulcrum of the seesaw. On one side of the seesaw sit the highly speculative growth sectors and on the other side, sit virtually everything else in the global equity markets.

Commentary

A Menu of Investment Opportunities

What's on the menu? Heading into a profits recession, there are many things to consider when building a portfolio. Here's a sneak peek at what we are serving up.

Commentary

Bank Failures: Unsettling but Not Unusual

Every news item these days seem to swing between extremes. When in reality, these bank failures are not atypical. ​Read our latest insight to learn what similarities these recent bank failures have with previous failures and what the warning signals are.

Commentary

Some Thoughts on Banks

Read our latest insight where Dan Suzuki explains what investors need to know about the Silicon Valley Bank collapse.

Commentary

Don’t Speculate on Speculation

Read our latest insight to learn why we believe this year's market rally is just speculation and how we are positioning our portfolios for a change in leadership.

Commentary

The Credit Hype Machine is Going to Break

Read Michael Contopoulos' latest report highlighting opportunities outside of Investment Grade corporate bonds and why one does not need to own credit to generate income at the moment.

Commentary

Beware of the “Obvious” Trade

Last year an infamous cryptocurrency ad featured the slogan “fortune favors the brave.” And while historically fortune does favor the brave, there is a difference between courage and blind faith.

Commentary

Cheap Isn’t Always a Bargain

During the holiday season, everyone is looking for a good deal. While searching by the highest percentage discounts seems like it may lead to a steal, the results tend to be underwhelming. Investors often make the same mistake during bear markets.

Commentary

3 Investment Themes for 2023

2023 may be another difficult year for investors who hope to relive the speculative markets of 2020 and 2021.

Commentary

2023's Best Asset Class: Long-Term Treasuries?

Remember, the Fed hikes short-term interest rates to slow long-term growth and inflation.