A Hemingway moment for markets?

With Central Banks tilting policy trade-off towards inflation control, a recession in 2023 is almost inevitable. How are investor portfolios adjusting?

Corporate earnings remain extremely elevated, and a return to trend could see the gradual repricing of equity markets become rather more sudden.

In the current market, the supply of alpha is abundant across asset classes, countries and sectors. In contrast, the end of free money may impact beta.

Has the 2022 bear market ended? It is unclear even for most market forecasters. The spread of 2023 consensus earnings estimates is historically wide.

Is too late to hedge portfolio risk. Investors painfully acknowledge that multi-asset portfolios were challenged in 2022 from three sides.

Not surprisingly, anti-beta equity strategies did very well for investors who followed them in 2022 – after all, performing well when the stock market...

Benjamin Graham, if he were alive today, or even an investor from 2019, might struggle to comprehend the bull market we witnessed in SPACs, crypto...

It's that time of the year that global financial market outlooks fill our research feeds. Interestingly, in a bear market outlooks get read more.

When Capital Market Assumptions change, investors are forced to re-evaluate their strategic asset allocation. Portfolios could change.

Municipal Bonds have experienced significant outflows, bringing valuations down to relatively attractive levels compared to Corporate Bonds.

Stock-Bond correlation in 2022 has broken the classic 60-40 assumption base. What happened and how should portfolios adjust?

Definitions of stagflation vary. What is more interesting is causality and effect. But even the models fail to find consensus, which raises key questions.

Capital Market Assumptions are a core input into investment plans. But they do change and right now, those changes are impacting investors globally.