Portfolio Management

Is Secular Leadership in US Technology Over? May 20, 2021

Posted by Steven Vannelli, CFA in Markets, Portfolio Management

We believe the US technology sector has reached a level of valuation such that it is has the potential to substantially subtract from portfolio returns going forward. In this mid-quarter update, we: -Highlight how we monitor valuations in the global stock markets while shining a…

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Reflation and Rotation April 20, 2021

Posted by Steven Vannelli, CFA in Knowledge Leaders, Markets, Portfolio Management

In this Q1 2021 slide presentation of our quarterly strategy report, we discuss the following topics: -The level of speculative activity in markets this year has been extreme in our view. More money has come into world stock markets in the last 5 months than…

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Party Like Its 1999 January 27, 2021

Posted by Steven Vannelli, CFA in Markets, Portfolio Management

In this Q4 2020 slide presentation of our quarterly strategy report, we discuss: Bob Farrell’s Rules for Trading (#5 and #7 especially resonate with us right now). What the retail trading frenzy, recent IPOs and speculation can tell us about where we are in the…

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