Interested subscribing to our newsletters and articles?
Portfolio Construction in Today’s New Investment Environment.
The investment environment has radically shifted to a commodity driven inflationary super cycle. Inflation has not been this severe in 40 years. Regrettably, commodity shortages, like those in fossil fuels, are not seeing the capital investment required to create
Inflation Cycle Risks Secular Bear Markets in Stock, Bonds, and Real Estate
With inflation hitting 40-year highs, interest rates are rising rapidly toward normal historical levels. With accelerating urgency, the Federal Reserve, the U.S. central bank, is communicating that it will be rapidly raising rates in the months and quarters
Inflation Ends Forty Year Investment Boom
Inflation is wrecking the financial boom which commenced in 1981. Both stocks and bonds have been consistent winners since the 10-year US Treasury yielded 15.6% in October of 1981. This secular decline in interest rates has ended. Today’s accelerating
The Ukraine Invasion Raises Stock Market Risks And Rewards Inflation Portfolio Strategy
Today’s record inflation unequivocally shows that we have entered a new inflation cycle. With the Russian invasion of Ukraine, inflation risks will increase further due to new supply chain problems and commodity shortages associated with military engagements. Historically,
The Market Crack Heard Around the World
The US market uptrend broke this past January and signaled a market top that could lead to a 45% decline in the S&P 500 over the next three years. Market bubbles often trace out similar price patterns due
Persistent Inflation Threatens Four Decades of Investor Prosperity
The execution of the Fed’s reversal of its accommodating policy will dictate stock and bond market’s performance in 2022. In 2022, the “TINA” trade or There Is No Alternative argument for overpriced equities will collapse. “Bull markets