Uncategorized

23 Jun

Posted at 03:37h in Uncategorized

Inflation Risk:  Factor Exposures and Gold Exposure to risk factors is unlikely to preserve the value of an equity portfolio when inflation is elevated. Gold has generated real returns that are higher than risk factors when inflation is elevated. Risk factors and gold are not correlated with inflation. The...

05 Sep

Posted at 03:12h in Uncategorized

As of friday, 4 Sept., the S&P 500 1-year volatility (blue) was 14.72% and the long-term average was 14.07% (red line).  The 3-year volatility (purple) has not bottomed, yet.  Regardless, it may be time to consider techniques for reducing the volatility inherent to some strategies.   ...