The Fed & the Terrible, Horrible, No Good, Very Bad Month
October 4, 2022 — Overview September of 2022 was not a pleasant month in financial markets. At the lows, 30-year gilts (U.K. government bonds) had fallen by roughly 33% relative to their August 31 close. That’s a big fall for stocks, but for highly-rated government bonds this is almost unheard of. In fact, things got […]
Keeping the Ship Steady
September 20, 2022 — In the article How to Stay Rational When the Markets Go Crazy, Dr. Charles Lee wrote for Stanford Business School: “We have many studies on this topic, and they all point in the same direction: Investors are remarkably bad at timing markets, and they ultimately fare worse for the effort. “Whether […]
August Market Insights: Dueling Narratives
September 2, 2022 — Dueling Narratives August was moving swimmingly along, set to extend the July rally, when Chair Jay Powell of the Federal Reserve stepped up to the microphone in Jackson Hole, Wyoming to give a speech at the August annual meeting of central bankers and economists. The market was coming around to the […]
Reflections on July: Green Shoots Rising
August 5, 2022 — Finally… 2022 has been less than ideal for stock market investors, but finally the stars aligned (perhaps helped along by the technological wizardry of the James Webb Telescope whose first images were also released this month) and July yielded a positive month for risk assets at long last. QuantStreet too turned […]
Market Worries & Glimmers of Hope
July 5, 2022 — Reflections on June Seemingly every bad economic narrative reared its ugly head in June, as markets swooned on the back of fears about inflation, slowing economic growth, an either complacent or overly aggressive Fed (depending on who is doing the prognosticating), a continuing meltdown in crypto and its hyper-levered defi ecosystem, […]
The Hurricane Ahead?
June 3, 2022 — The Impending Hurricane If you’ve been reading financial news recently, you may well be forgiven for deciding to climb under your desk (or kitchen table) and refusing to come out. This past Wednesday (June 1st) the usually measured Jamie Dimon, CEO of JPMorgan Chase, told investors that a “hurricane is right […]
An April to Forget
May 5, 2022 — In a Nutshell: April was a tough month for global markets. Although QuantStreet’s performance followed the markets (down), we continued to outperform both our benchmark (MSCI ACWI) and the S&P 500. We’ve moved part of the portfolio into cash and are positioned for more turbulence ahead. Read on for details. Markets […]
Reflections from QuantStreet
April 7, 2022 — We’re pleased to share our first QuantStreet Capital (QSC) newsletter. As many of you know, we launched QSC in late November of 2021 to help our clients build and preserve multi-generational wealth. To read more about why we started QSC, click here for our story. At QSC, we benchmark our returns against […]