More of our insights
Q1 2024 3D Report: The really big thing
There are periods when knowing many things and skillfully implementing them is the main source of alpha, but that hasn’t been the case since the financial crisis.
Will a rate-dependent equity market become a headwind?
Could last year’s market tailwind turn into this year’s headwind? This week’s chart looks at stocks and rates’ tandem moves over the past year.
Equity market to remain rate dependent in 2024?
This week’s chart finds the bulk of the S&P’s returns last year came on days when rates fell. So far, 2024 has followed a similar pattern.
Stock-bond correlation hits multi-decade high
Stock-bond correlation spiked in 2023 to a 40-year high. This week’s chart looks at how it exacerbates the diversification challenge.
Time to start rotating out of cash and T-bills? The time for the right alts is still now
2023 Year-end strategy note
Small caps show signs of economic stress?
This week’s chart looks at the rising percentage of small cap companies reporting negative earnings as public index returns mostly remain in neutral.
