Shortly after the strategy began hedging in October y reducing its equity allocation for a position in long-term bonds, the markets began pricing in a Republican sweep of both the White House and Congress. The market reaction, or “Trump trade”, was long stocks and short bonds as the market believed an all-Republican government may lead … Read more

We are pleased to see the equity allocation continues to perform well this year, particularly due to the continued strong performance of the S&P 500 that recently set a new all-time high. Due to the weak performance of small cap stocks and a rally in long-term bonds, the strategy met one of two qualifications to … Read more

Despite the recent pullback in stocks starting mid-July, we are pleased to see the equity allocation continues to perform well this year, particularly due to the continued strong performance of the S&P 500 that has rallied back near its all-time highs. Looking forward, the equity allocation is likely to remain unhedged until December which is … Read more

Despite the recent pullback in stocks starting mid-July, we are pleased to see the equity allocation continues to perform well this year, particularly due to the continued strong performance of the S&P 500 and Nasdaq-100. Looking forward, the equity allocation is likely to remain unhedged until around December which is the first possibility the strategy … Read more

We are pleased to see the equity allocation continues to perform well this year, particularly due to the continued strong performance of the S&P 500 and Nasdaq-100.  Looking forward, the equity allocation is likely to remain unhedged until around October which is the first possibility the strategy may begin hedging. To hedge, the strategy will … Read more

We are pleased to see the equity allocation continues to perform well this year, particularly due to the continued strong performance of the S&P 500 and Nasdaq-100.  Looking forward, the equity allocation is likely to remain unhedged for the foreseeable future unless there is a major shift in the markets. Given all the factors, we … Read more

We are pleased to see the equity allocation continues to perform well this year, particularly due to the continued strong performance of the S&P 500 and Nasdaq-100.   Looking forward, the equity allocation is likely to remain unhedged for the foreseeable future unless there is a major shift in the markets. Given all the factors, … Read more

We are pleased to see the equity allocation continues to perform well this year, particularly due to the continued strong performance of the S&P 500 and Nasdaq-100.  We are also pleased that the bond allocation continues to perform well since implementing the new momentum-based formula for the bond allocation. The Federal Open Market Committee continues … Read more

We are pleased to see the equity allocation continues to perform well this year, particularly due to the continued outperformance of the Nasdaq-100 relative to the broad market. We are also pleased to see the bond allocation is performing well as the Fed is indicating they may cut rates three times next year. Looking forward, … Read more

We are pleased to see the equity allocation continues to perform well this year, particularly due to the continued outperformance of the Nasdaq-100 relative to the broad market. We are also pleased to see the bond allocation is performing well as the Fed is indicating they may cut rates three times next year. Looking forward, … Read more