Asset Allocation Reports
Asset Allocation Weekly (December 18, 2020)
by Asset Allocation Committee | PDF (N.B. Due to the upcoming holiday season, this report will be the last Asset Allocation Weekly for 2020. The next report will be published on January 8, 2021.) While 2020 was a year in which the word “unprecedented” has been used a lot, there are many areas where the… Read More »
Asset Allocation Weekly (December 11, 2020)
by Asset Allocation Committee | PDF After peaking at $2,063 in early August, gold prices fell to $1,760 at the end of November. This is a notable decline and, because our asset allocation models have included precious metals since 2018, it makes sense to see if anything has changed. We have several different ways to… Read More »
Asset Allocation Weekly (December 4, 2020)
by Asset Allocation Committee | PDF Over the decades, keen observers of the financial markets have developed a number of theories and strategies that serve as useful tools for understanding market dynamics. One of the most famous such tools is the Dow Theory, which explains longer-term market movements based on the writings of Wall Street… Read More »
Asset Allocation Weekly (November 20, 2020)
by Asset Allocation Committee | PDF In the aftermath of the election and favorable news on vaccine progress, we have seen a notable backup in interest rates. The 10-year T-note yield is flirting with 1%. In this report, we will examine the future path of long-duration interest rates. We start with our 10-year T-note yield… Read More »
Asset Allocation Weekly (November 13, 2020)
by Asset Allocation Committee | PDF In our most recent Asset Allocation quarterly rebalance, we addressed the potential for election-related market disruption. In the end, we made only modest defensive adjustments to the portfolios and instead focused our allocations on continued policy support and economic recovery. In this week’s report, we will look at the… Read More »