• Weekly Research Briefing:
    Cracks Forming...

    August 12, 2019

    The September 1st tariffs on the rest of China’s imports are looming large and causing the U.S. Economy to slow down further. The big move in the U.S. Treasury market is confirming this fact. If the tariffs are implemented, the ball will then fall into the Fed’s court to try save the U.S. from entering a recession. 

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  • Wall Street Mood Monitor

    Second Quarter 2019
    Thumbnail of 2Q19 Wall Street Mood Monitor

    Businesses delivered another quarter of strong earnings results but the mood on Wall Street remains glum; In June, analysts revised earnings estimates downward at the highest rate in more than three years.



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  • Bounded Rationality:
    Tapping Investor Behavior to Source Alpha

    Tapping Investor Behavior to Source Alpha

    Behavioral biases influence even the most expert investors, and often create a predictable pattern of how future company expectations could evolve.



  • Defining Alpha...It's Skill Not Excess Return

    Alpha vs Excess Return

    Alpha may be a common investment term, but it remains commonly misunderstood. Market observers often define alpha simply as a fund’s outperformance relative to a benchmark. This misconception is not only incorrect, but ignores what alpha truly identifies: manager skill.



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  • The New Core Allocation:
    Long/Short Equity

    Core Allocation Long Short Equity

    With equity valuations at elevated levels, subdued economic growth due to changing demographics and stubbornly low productivity gains, as well as a bleak outlook for fixed income, advisors are challenged to rethink foundational portfolio elements of investor portfolios—which means seeking out strategies that bolster the core going forward.


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