asset allocation

Apr 17, 2020 | Post by: Roman Chuyan, CFA Comments Off on The “Immense” Recession?

The “Immense” Recession?

Roman Chuyan, CFA April 15, 2020 In four weeks, 13.4% of the entire US labor force filed for unemployment. A 10% cumulative peak-to-trough GDP contraction is expected this year. If that comes to pass, it would be 2.5 times the size of the 2008-09 economic downturn when US GDP contracted

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Sep 11, 2017 | Post by: Roman Chuyan, CFA Comments Off on More Upside For Stocks

More Upside For Stocks

Our domestic politics weighed on investor confidence last month. It looked as though politicians would use the debt ceiling as leverage in their fight over the budget, which would lead to a government shutdown. Investors were also concerned that North Korea’s aggressive show of force might trigger a U.S. military

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Mar 23, 2017 | Post by: Roman Chuyan, CFA Comments Off on TIPS and Tactical Investing

TIPS and Tactical Investing

I begin with an overview of tactical investing applied to fixed income. TIPS recommendation is reiterated. The available TIPS products are compared. In last week’s article, I wrote that Treasury inflation-protected securities became attractive. Our model made this recommendation based on the level of 10-year real yield (60 basis points

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Mar 14, 2017 | Post by: Roman Chuyan, CFA Comments Off on The Recipe For Rising Rates: TIPS

The Recipe For Rising Rates: TIPS

It’s been tough market for bond investors since the last week of February. The odds of the Fed’s rate hike on March 15th jumped from 35% to nearly 100% in three weeks. Longer-term rates also jumped, and bond prices, which are inverse to yields, fell. The Fed officials are compelled

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Mar 03, 2017 | Post by: Roman Chuyan, CFA Comments Off on The Fed Is Back In Play

The Fed Is Back In Play

Treasury yields jumped and bonds fell this week as investors bet that a Fed interest rate hike would come this month. New York Fed President William Dudley – one of the most influential U.S. central bankers, and usually considered a dove – said late Tuesday that the case for tightening

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Feb 10, 2017 | Post by: Roman Chuyan, CFA Comments Off on How will Trump’s Economy Look?

How will Trump’s Economy Look?

There is this to be said about the Many. Each of them by himself may not be of [much] quality; but when they all come together it is possible they may surpass the quality of the few best. ~ Aristotle, Politics (around 340 BC) via Arthur Herman, The Cave and

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Dec 20, 2013 | Post by: Roman Chuyan, CFA Comments Off on Asset Allocation: What’s Right for 2014 and Beyond

Asset Allocation: What’s Right for 2014 and Beyond

Roman Chuyan, CFA Part 1 – Bonds: Low Return, High Risk Asset for 2014 and Beyond It’s the time of year when investors and investment managers alike plan on how to position their portfolios for success in 2014. Part of the value that wealth managers deliver to clients is advising them

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