Year-End US Election Hurdles

Posted on Perspectives

Benchmarking risk in a fast-moving world is rarely straightforward. This task today is more difficult than usual given a host of uncertainties ranging from the path of the Covid-19 pandemic, the durability and breadth of the embryonic rebound in growth, and now an election in the US that promises to be the most tumultuous in […]

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Embracing FOMO & TINA

Posted on Perspectives

Synchronized global central bank & fiscal policy stimulus in Q2 was breathtaking. Near term, it is stunting the carnage caused by Covid-19, including economic growth plunging at a rate not seen since the Great Depression. It is also an affirmation of the jaw-dropping power of printing money and the impact across asset markets, both explicitly, […]

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Covid-19 – On the Tips of Icebergs

Posted on Perspectives

Why Stock Markets Went Down and Then Bounced Up As the Hammer strategy to combat the Covid-19 virus evolved to prioritize health through physical distancing, whole chunks of the global economy shut down.¹ ¹ See our article Covid-19 – Hammer & Dance Trend Rethink at  https://authenticasset.com/perspectives/ Stock markets gasped, plummeting from peaks around Feb. 20th, […]

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Covid-19 – Hammer & Dance Trend Rethink

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The Ghosts of People Past The suppression strategy against the virus is still intensifying more than it is easing. Acting quickly and aggressively with physical distancing brings down the hammer on the transmission speed, the first part of The Hammer and The Dance eloquently described by Tomas Pueyo¹. ¹ https://medium.com/@tomaspueyo/coronavirus-the-hammer-and-the-dance-be9337092b56 The battle against the spread […]

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2020 S0 S0

Posted on Perspectives

The last quarter of 2019 placed an exclamation point on what was a banner year for risk assets. More defensive allocations to fixed income also performed well, primarily due to a Federal Reserve that engineered a historic pivot from raising rates to delivering three rate cuts. Central banks to the rescue once again! In addition, […]

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