Market Overview The Current Income Portfolio (CIP) declined by -1.54% during the first quarter, with corporate bonds declining by -1.77% and preferred securities by -1.03%. On a relative basis, CIP’s corporate bonds outperformed... Read more »
Current Views
April 15, 2021: Update on Financial Markets - 2021: The Year of Reopening
Published on Apr 16, 2021
Jason Benowitz, CFA, CMT®, Senior Portfolio Manager and Richard Konrad, CFA, CFP®, Director of Value Strategy, sit down to discuss: Covid-19: the light at the end of the tunnel grows brighter Fiscal Policy: short-term support and... Read more »
March 2021 | Equity Commentary
Published on Apr 7, 2021
Market Overview To say investors embraced “risk-on” sentiment in the first quarter may be an understatement. Most risk assets and equity categories moved higher, with value stocks and small-caps posting the biggest gains. Growth... Read more »
What the Inflationistas May Be Missing
Published on Mar 18, 2021
Commentary Investors are concerned that rising interest rates could choke off a nascent recovery. Many economists agree that long-term Treasury yields are rising because investors expect more growth and inflation. While these... Read more »