Market Perspective

A Correlation Conundrum

11/16/2023 Market Perspective

Not Since the 1990s - Recently, as interest rates have climbed significantly and at a rapid pace, correlation between U.S. long-term government bonds and...

Don’t Get Caught with Your Shorts Down

10/10/2023 Market Perspective

Shorting vs Selling Volatility – What’s The Difference?So far in 2023 there has been an abundance of headlines driving persistent uncertainty. Risks abound in light

Protection For Less

09/11/2023 Market Perspective

Higher Rates Lower Protection CostsInterest rates resumed their climb in August, after a reprieve in July, shifting the yield curve higher. For perspective, the 2-Year

A New Environment Supports a Strong First Half

08/09/2023 Market Perspective

Despite overwhelming expectations of doom and gloom at the beginning of 2023, the equity market had an excellent first half of the year (and continued

For the Times, They Have Changed

07/11/2023 Market Perspective

Uncertainty persists around the path of the U.S. economy despite the expected summer lull. With the Federal Reserve (the Fed) pausing rate hikes at their

Cuts Can Hurt

06/07/2023 Market Perspective

There has been much handwringing about the U.S. Federal Reserve’s (the Fed) persistent efforts to tame inflation and tighten monetary policy by increasing interest rates.

Lower, not Low: An Examination of Recent Volatility Trends

05/10/2023 Market Perspective

Apart from the spike associated with the Silicon Valley Bank led banking crisis in March 2023, volatility, as measured by the Cboe® Volatility Index (the

Steady Turbulence

04/18/2023 Market Perspective

Investors are facing many challenges and a new investment landscape. Equity valuations are lower, but not cheap, and volatility levels have shifted higher. On the

Real Return Conundrum: Between Rocky Volatility & An Inflationary Hard Place

03/10/2023 Market Perspective

A combination of higher interest rates and signs of slowing growth are putting pressure on valuations. Even with February’s market pullback, the price-to-earnings (P/E) ratio

Is it 1963 or 2002?

02/09/2023 Market Perspective

As traders and professional prognosticators hang on every word from Federal Reserve officials, anticipate each data release with tense fingers hovering over keyboards and debate