Q4 2023 Client Investment Letter
Global equity markets posted strong gains for the fourth quarter, as declining long-term interest rates and easing inflationary pressures lifted prices of both stocks and bonds. The solid quarterly returns…
Global equity markets posted strong gains for the fourth quarter, as declining long-term interest rates and easing inflationary pressures lifted prices of both stocks and bonds. The solid quarterly returns…
Global equity markets posted strong gains for the fourth quarter, as declining long-term interest rates and easing inflationary pressures lifted prices of both stocks and bonds. The solid quarterly returns…
Despite a promising start to the third quarter, the reality of higher-for-longer interest rates, given a slower-than-expected decline in inflation, soured investors’ outlook in September and October. Furthermore, while reported…
Despite a promising start to the third quarter, the reality of higher-for-longer interest rates, given a slower-than-expected decline in inflation, soured investors’ outlook in September and October. Furthermore, while reported…
Fraud is a serious threat to consumers who use plastic cards for online or offline purchases. According to the Federal Trade Commission, consumers reported losing approximately $8.8 billion to…
Global financial markets delievered mixed results during the second quarter. Risk assets built strongly on their robust first-quarter returns. The equity market rally, which since March had been dominated by…
Global financial markets delievered mixed results during the second quarter. Risk assets built strongly on their robust first-quarter returns. The equity market rally, which since March had been dominated by…
Global financial markets extended their recovery during the first quarter of 2023, despite global instability and elevated volatility. January saw a strong rally in risk assets and risk-free bonds as…
Global financial markets extended their recovery during the first quarter of 2023, despite global instability and elevated volatility. January saw a strong rally in risk assets and risk-free bonds as…
2022 was a difficult year for investors. It was also an unusual year. Over the twelve months to December, U.S. equities declined 19% and non-U.S. equities declined 16%. Even the…
Volatility is how much and how quickly prices move. During periods of elevated market volatility and uncertainty—such as what we are experiencing right now—it is human nature to feel anxious…
2022 was a difficult year for investors. It was also an unusual year. Over the twelve months to December, U.S. equities declined 19% and non-U.S. equities declined 16%. Even the…