The Election has Crushed Volatility November 06, 2020

Posted by Bryce Coward, CFA in Markets

As election results continue to trickle in suggesting Joe Biden will be the next president, there still remains a bit of uncertainty with respect the final electoral vote tally as well as any legal challenges that will emerge in the coming days. Even still, the…

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A Broader Market, but Not a “Value” Rotation October 09, 2020

Posted by Bryce Coward, CFA in Markets, Portfolio Management

In recent weeks the market has been notably broader in terms of the upside participation from stocks other than FAANMGs. Typically, this type of action in the early stages of a business cycle would be strongly associated with the “value” style working, since “value” companies…

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Value over Growth or More of the Same? August 14, 2020

Posted by Bryce Coward, CFA in Economy, Markets, Portfolio Management

Over the last few weeks there has been quite a bit of chatter among strategists about whether the market is undergoing a sustainable rotation into “value” stocks from “growth” stocks. It’s a bit surprising to us to see the outpouring of commentary on the issue,…

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Ready for Another USD Rally? June 19, 2020

Posted by Steven Vannelli, CFA in Economy, Markets

As funding strains appeared in March, the USD surged. Then the Fed stepped in with massive foreign exchange swaps as a way to lend USD to foreign central banks, intended to ultimately be lent to borrowers in need of USD. As F/X swaps reached almost…

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