The Markets Are in a Free Fall, Now What?
In our recent memo, we discussed how we are likely far from containing the spread of the COVID-19 virus based […]
COVID-19 and the Recent Market Sell-Off
The world has never experienced a disease outbreak like this one. It’s LIVE, with dramatic pictures, live data and videos. […]
Behavioral Biases and Their Effect on Investors’ Decisions
Most important decisions we make in life involve two elements: the objective, measurable facts, and our subjective views on the […]
The Setup for Higher Long-Term Yields
Do you remember a long time ago in 2016 and 2017, the biggest risk for bonds was the Fed raising […]
Can you embrace the volatility?
High volatility and sharp losses in equity markets around the world in the past few weeks caused much anxiety among […]
Bonds, Equities, Gold and the US Dollar
The following is a bird’s-eye view of today’s markets. As portfolio managers, our duty is to understand what drives each […]
Reading the Yield Curves
We wrote a lot about the bond market in the last year, so the recent action in treasuries is not […]
The Other Side of Real Estate Investments
Real estate and its sectors is one of the most important asset classes in long term portfolios, and for good […]