Perspectives

In this market review, we discuss the the length and the strength of the current U.S. expansion and compare it to historical economic cycles.

In this edition, we discuss the impact of rising interest rates and how they relate to our portfolio and the overall economy. We also discuss the behavioral pitfalls that investors face in an aging bull market. Finally, we discuss geopolitical issues that challenge today's investor.

This brief provides a primer on the UK's decision to leave the European Union. The immediate market reaction and long-term investment implications of the referendum are discussed.

This brief outlines the causes of the recent market turmoil and includes a short discussion of how we view markets through the lens of our investment research.

In this edition, we discuss the U.S. economic recovery in light of global events, Fed stimulus and U.S. politics. We present evidence that the Fed's plan to taper and the subsequent rise in interest rates does not preordain weak future equity returns. This discussion is followed by a review of our portfolio positioning based on current economic and market factors.

In this edition, we discuss key portfolio risks that all investors should avoid, what's attractive in today's market environment, and how recent decisions in Washington are impacting our portfolio investments and our global outlook.