ETF

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

Read More
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

Read More
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

Read More
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

Read More
Dec 02, 2014 | Post by: Roman Chuyan, CFA Comments Off on What Oil Crash Means for U.S. Equities –

What Oil Crash Means for U.S. Equities –

Crude #oil sank below $60 per barrel of the WTI contract. This confirms that the fundamental supply-demand situation was very negative, as I highlighted in recent posts. So, the continued fall in oil prices was to be expected. However, the speed of the crash was a bit of a surprise and created some anxiety among

Read More
Nov 26, 2014 | Post by: Roman Chuyan, CFA Comments Off on Back to “Old Normal” Economy

Back to “Old Normal” Economy

November labor figures were very strong, showing that U.S. employers added 321,000 jobs, the most since Jan-2012 and better than the most optimistic projection by economists. Previously, Q3-2014 U.S. GDP growth was revised to 3.9% annualized growth rate. Combined with Q2 growth of 4.6%, the U.S. economy has now experienced

Read More
Jun 30, 2014 | Post by: Roman Chuyan, CFA Comments Off on Equity Market Rally In 2014 Is Just Starting

Equity Market Rally In 2014 Is Just Starting

By Roman Chuyan, CFA Note – this article was written in early July 2014; but is still applicable now. Here we are in the middle of 2014, and many investors and advisors are reassessing their asset allocation for the rest of this year. Investors and managers who actively manage their

Read More
Google+