by Peter Mauthe | Jun 11, 2018 | Active Management Market Update
Welcome to our active management update on the market We are now in the period generally considered the “summer doldrums,” which can result from investors being focused more on their family vacations than their investment portfolios. Summer markets do not always need...
by Peter Mauthe | May 25, 2018 | Active Management Market Update
Welcome to our active management update on the market In a recent conversation, I was reminded of the equity/commodity cycle, which has repeated itself over the past 50 years. A graph illustrating this cycle is shown below. Keep in mind this is a relative-strength...
by Peter Mauthe | May 17, 2018 | Active Management Market Update
Welcome to our active management update on the market Today I’d like to discuss high-yield-bond strategies and the direction of interest rates. Unlike government bonds and investment-grade corporate bonds, high-yield bonds are influenced greatly by the direction of...
by Peter Mauthe | May 7, 2018 | Active Management Market Update
Welcome to our active management update on the market I thought I would share a little-discussed flow of capital between gold, the U.S. dollar, and emerging-market equities. These are represented in the following graphs as GD-PM, DXY-Z, and EEM, respectively. This...
by Peter Mauthe | Apr 30, 2018 | Active Management Market Update
Welcome to our active management update on the market I have repeatedly mentioned that the underpinnings of the economy are still strong and often overlooked when the media focuses on market volatility—not what causes it and what it does not impact in the big picture....
by Peter Mauthe | Apr 23, 2018 | Active Management Market Update
Welcome to our active management update on the market Interest rates and the markets … the real story. The popular belief is that we are now in a long-term cycle of rising interest rates. Investors often misunderstand the relationship in the markets between interest...
