August Updates and Analysis from QuantStreet

August 3, 2023 — We’ve had many conversations with people asking us about tax strategies. In response, we’ve done a deep-dive into the topic on two fronts. First, we met with Schwab Asset Management to learn about their tax-mitigation strategies and were pleased to learn that Schwab offers our clients a range of tax-loss harvesting […]

May 2023 Portfolio Update

May 4, 2023 — This month, we are changing how we share our research with readers and clients. We will try to keep the present piece short and simply provide updates and rationales for our portfolio decisions. Our more in-depth research will be featured on our Substack site. We wrote two such pieces in April: […]

April 2023 Market Insights

April 6, 2023 — March 2023 represented a drastic change in the narrative that had prevailed in markets for most of 2022 and early-2023. The precipitating event was the failure of Silicon Valley Bank (SVB) when it was seized by the regulators on Friday, March 10, 2023. The SVB event led to a large sell-off […]

A Fundamental Regime Shift Is Underway

March 26, 2023 — The failure of Silicon Valley Bank (SVB) is having profound knock-on effects throughout global financial markets. First, I should admit my surprise at the wide-ranging impacts of SVB’s failure. That banks owned longer-dated Treasuries and that these fell in price as rates rose in 2022 was well known to market participants. […]

Silicon Valley Bank

March 12, 2023 — Late last week, Silicon Valley Bank (SVB), the 16th largest bank in the U.S., was seized by regulators after it could not accommodate a flood of client withdrawal requests. There is now much hyperbole about what happened and lots of fear mongering on social media about what comes next. Some people are, […]

State of the Markets Webinar (Video)

March 8, 2023 — We welcome you to view QuantStreet’s latest State of the Markets Webinar. QuantStreet Capital offers portfolio management services to financial advisers, institutional investors, and individual investors. Learn more at QuantStreet’s CIO, Dr. Harry Mamaysky, presents a quarterly State of the Markets webinar. IMPORTANT LEGAL DISCLOSURE This webinar is provided for […]

The Rate-Related Sell-Off Isn’t As Bad As It Looks

March 5, 2023 – Summary Inflationary fears have reasserted themselves among investors in the last month. This has led to an upward revision to the Federal Reserve’s target rate trajectory, increased Treasury yields, and lower stock prices. The data supports a more sanguine view of inflation, as headline inflation, goods, and commodity price pressures remain […]

Short-Term Cash Management

Illustration of a pie chart

March 1, 2023 — This article was written in advance of a summer camp industry presentation, which you can watch here. Read about QuantStreet’s camp services here. Overview In late-winter and early-spring many camps find themselves in a cash-rich position, as camper tuition has been charged, while most of the expenses of running camp do […]

Asset Class Returns In 2022 And 2023: Investor Takeaways

Portfolio Construction Process

February 18, 2023 — What a Difference a Year Makes We examine the 2022 and 2023 year-to-date performance of the major asset classes. Many of the successful “smart-money” trades of 2022 are underperforming in 2023.The investor underweights from 2022 are having a good year. The 2022 smart-money trades still feel like the right ones, but […]

Taking Stock of the Major Themes of 2022

February 3, 2023 — Overview One month into 2023, we take a pause to reflect on the major investing themes of 2022 and assess how these might play out in 2023. The dominant market theme of 2022 was the onset of global inflation and the subsequent central bank responses. Some argue that central banks were […]