Asset Allocation Reports
Asset Allocation Quarterly (Fourth Quarter 2015)
The Federal Reserve decided not to raise rates in the third quarter. Attention now turns to if, when and how it will raise rates going forward. Although we expect the Fed to move gradually and not cause a recession, the likelihood of policy errors has increased. We continue to believe both growth and inflation are… Read More »
Asset Allocation Quarterly (Third Quarter 2015)
Significant disruptions or financial stress from Greece’s debt problems appear to have been avoided, in the near term. However, structural problems that led to the Greek crisis have yet to be properly addressed and we expect the issue to emerge again in the future. It will be important to monitor how Greek creditors and other… Read More »
Asset Allocation Weekly (February 28, 2014)
by Asset Allocation Committee At the founding of our asset allocation process in the second quarter of 2000, the prevailing method of asset allocation was strategic, which is usually defined as an allocation based on a time horizon of at least 7-10 years. However, in practice, strategic programs assumed that adjustments to the model were usually… Read More »