Over the past few years we have witnessed the propensity of investors to fund even the most absurd investment ideas with upwards of trillions of dollars. To this we say “OMG”. What part of your Ivy League MBA brain allowed you to think that it was a good idea?
Buybacks
As debt becomes more expensive due to higher borrowing costs and a new 1% excise tax on buybacks, will funding company share purchase with debt be worth it?
Market Update 1/22/23
Our trend-following algorithms moved us back to a fully invested position in our US Stock Allocations last week.
Investor-Advisor Disconnect
Building portfolios with rising rate and inflation contingencies
‘Disorderly’ market declines loom likely
Crypto-world fractures could preview the fate of traditional assets if markets enter phase 2 of a decline in the new year.
Market Update 1/9/23
Our trend-following algorithms moved us back to a fully invested position in our High Yield Bond allocations.
Market Update 1/3/23
We began moving our High Yield Bond Positions defensive on Wednesday of last week. On Friday we completed those trades and started the year fully defensive in High Yield Bonds.
Market Update 12/27/22
We began moving our US Stock Positions defensive on Wednesday of last week. On Friday we completed those trades and start this week fully defensive in US Stocks. Developed International Stocks and High Yield Bonds remain fully invested.
Market Update 11/18/22
We began moving into International Stock Positions on Tuesday and US Stocks Positions on Wednesday this week and completed our moves at the Friday close. On Monday, we’ll be fully invested for all equity asset classes!
