Market Overview

The Fed will decide on interest rates tomorrow, with a high likelihood of a 0.25% increase A pause in the rate cycle would undermine the Fed's credibility, while a 0.5% hike could create fear among...

In this week’s newsletter, we’re going to provide you with an inflation update based on some of last week’s important data releases and also share some general thoughts on risk...

The complex details of SVB's failure are still unknown, and the current state of affairs is driven by emotions Bond market volatility has risen to levels not seen since the Great Financial Crisis and...

March has historically been a graveyard for stock market predictions  As the situation in global markets grows increasingly uncertain, could we be looking at a repeat?   While the Fed...

The collapse of the Silicon Valley Bank rattled the markets, but the consequences are yet to be felt. In this report, we dive deeper into why we believe this is a systematic problem and why it creates...

Fear, greed and bias reinforcement sell. Reality, at any given time? Not so much. A look at stocks, commodities, inflation, gold and silver through a contrary lens.As I continue to get more...

As portfolio managers, this is the question we ask ourselves daily. Since the lows of last October, the technical backdrop has improved markedly, as we discussed last week: “Our most critical...

The Federal Reserve holds its highly anticipated March FOMC policy meeting next week against an increasingly uncertain economic backdrop. The U.S. central bank is widely expected to raise interest...

The stock market forever surprises investors, but in the realm of risk, the future’s a bit less uncertain, at least sometimes. That’s hardly a silver bullet, but it helps manage...

While headlines of bank failures and bailouts consume the media, few are contemplating the economic and financial aftershocks that will follow.Hockey great Wayne Gretzky famously commented, “I...

Since projecting the Q4-Q1 broad market rally back in November, we have been managing a macro transition within this rally. Based on the leadership of the Semiconductor sector and Tech, it has been...

If a couple of regional banks were so bad at managing their interest rate risk and deposit outflow risk to blow up in a few hours, how can we really be sure other banks won’t face similar...

With the collapse of Silicon Valley Bank, questions of potential “bank runs” spread among regional banks.“Bank runs” are problematic in today’s financial system due to...

SVB failed due to higher interest rates and a liquidity problem Despite the failure, today's situation is different from 2008, with lower bank leverage, safer investments, and Fed support This, in...