Asset Allocation Reports
Asset Allocation Bi-Weekly – Latin America’s Day in the Sun (April 4, 2022)
by the Asset Allocation Committee | PDF As we’ve previously described in many of our publications, the Russian invasion of Ukraine has changed the world in profound, long-lasting ways. We have defined how it will further cleave the world’s nations into at least two major geopolitical blocs with limited commercial and financial ties. We have… Read More »
Asset Allocation Bi-Weekly – A Commodity Update (March 21, 2022)
by the Asset Allocation Committee | PDF Since the beginning of the year, commodities, as measured by the Bloomberg Commodity Index, have been up 15.4%. All other major asset classes are down for the year. Among the S&P 500 sectors, only energy is positive. Commodity prices were strong going into the war in Ukraine, but… Read More »
Asset Allocation Bi-Weekly – Believe It or Not, Fiscal Policy Is Tightening (March 7, 2022)
by the Asset Allocation Committee | PDF The U.S. economy and government economic policies have many moving parts, but investors often latch onto just one or two indicators or policy initiatives to gauge where asset prices are heading. These days, their focus has been on consumer price inflation and the Federal Reserve’s plan to hike… Read More »
Asset Allocation Bi-Weekly – #69 “The U.S. Trade Deficit and Global Prices” (Posted 2/22/22)
Listen »Asset Allocation Bi-Weekly – The U.S. Trade Deficit and Global Prices (February 22 2022)
by the Asset Allocation Committee | PDF When Democrats passed the CARES Act in January 2021, it was viewed initially as a political achievement. Polling from Politico/Morning Consult showed 75% of registered voters supported the bill three months after its passing. Meanwhile, Democrats began touting President Biden as the next Franklin D. Roosevelt. The legislation… Read More »
Asset Allocation Bi-Weekly – Gold: An Update of Current Conditions (February 7, 2022)
by the Asset Allocation Committee | PDF Gold moved steadily higher from the late summer of 2018 into August 2020. Prices then declined toward $1,700 and have since traced out a trading range between $1,700 and $1,900. In this report, we will update our views on the metal. (Source: Barchart.com) We have been holding gold… Read More »