Phil Toews featured in MarketWatch
The Federal Reserve’s more than $2 trillion arsenal of funding to keep credit flowing during the coronavirus pandemic can’t fix everything. The Fed doesn’t have a magic wand to stop COVID-19, nor the ability to make earnings appear on corporate balance sheets. Those realities, brought to the fore by increasing coronavirus cases in several U.S. states and a grim U.S. economic outlook provided last week by Fed Chairman Jerome Powell, hit markets last week like a ton of bricks.
New Investor Research by Investments & Wealth Institute and Toews Asset Management Provides Unique Insights into Investors’ Behavior and Perception Under Extraordinary Market Conditions
New investor research highlights impact of global crisis on investor confidence and where advisors can provide support through practical behavioral finance strategies. DENVER (June 3, 2020) – Investments & Wealth Institute released a new special report on behavioral finance, Investor Behavior in a Market Crisis in partnership with Toews Asset Management. The new investor report is part of the omnibus research 2020 Investor
Aiming to Bring the Quantitative and Qualitative back in Sync
Recent market turmoil followed by gains left some investors confused about where to go from here. Buying into risk assets after significant drops is never easy. The ability to move against intuition remains a critically important characteristic of our investment philosophy at Toews. High Yield Bonds Show Elevated Return Potential Returns in high yield bond models are primarily made up
Toews Fully Defensive in Q1 as Coronavirus became Global Pandemic
In January, when cases of COVID 19 appeared to be increasing exponentially in Wuhan, financial markets around the globe began to react. After initially declining, stocks briefly rallied before beginning one of the most rapid and ferocious declines in history. Our strategies began to move to defensive positions on February 25, became fully defensive on March 3, and remained defensive
Getting Real about the Possibilities Ahead
Position Update Toews remains fully defensive across all asset classes.i Additionally, certain equity-containing strategies hold aggregate bond positions, which have appreciated over the past month, even as stock prices have fallen. Markets fall and Uncertainty Spikes In New York City, where part of our team is located, the beginning reactions to COVID-19 are abundant. Companies, including our own, have issued
The Prospects for a Global Pandemic
As equity and high yield bond markets decline in the face of a potential global pandemic created by the coronavirus, advisors and investors may be faced with the real prospect of a potential dramatic economic event that has already affected China and may be exported to the rest of the globe. We’re writing this to discuss Toews strategies in the
Risk Tracks Higher in 2019 as Investors See Gains
In our last quarterly commentary, we discussed how difficult predicting recessions is, even for professionals. That was the case for the fourth quarter as markets and the economy stretched higher despite an inverted yield curve1, a lower September U.S. Manufacturing Purchase Managers Index2, and a drop in Consumer Sentiment in August3. Why? In our view, markets advanced because the Federal
