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Volatility | September 14, 2017

Posted on September 14, 2017

Market volatility is still in parity across long and short-term horizons, but is still generally below long term averages. We think the absence of a large jump in volatility is supportive of riskier assets such as stocks and credit. Market volatility is an indicator of financial stress. Low or declining volatility environments may indicate favorable […]

Income Report Card | July 25, 2017

Posted on July 25, 2017

The 10-year Treasury yield dropped to 2.27%. Over the past week, duration outperformed credit, continuing a streak for government bonds outperforming credit. There isn’t a very clear path for rates as they stay at the top end of the current range. We think any changes in this range will help develop a better understanding of […]

Momentum | May 23, 2017

Posted on May 23, 2017

Our Observations: Despite the sell-off last Wednesday and the sell-off in Brazil, global markets are still embracing risk. Both short- and long-term indicators are strong across the emerging markets for both stocks and currencies. Additionally, short- and long-term indicators are still weak across global bonds, particularly on the long end. As a result, we continue […]