Asset Allocation Weekly

Confluence Investment Management offers various asset allocation products which are managed using “top down,” or macro, analysis. We publish asset allocation thoughts on a weekly basis in a special section within our Daily Comment report, updating the piece every Friday.

Asset Allocation Weekly (May 7, 2021)

by the Asset Allocation Committee | PDF Yogi Berra is famous for various quotes.  He famously said, “Always go to other people’s funerals, otherwise, they won’t come to yours.”  He also noted that, “A nickel isn’t worth a dime anymore.”  The one we deal with most in asset allocation is the saying, “It’s tough to… Read More »

Asset Allocation Weekly (April 30, 2021)

by Asset Allocation Committee | PDF (Due to staff vacations, there will not be an accompanying podcast and chart book this week. The multimedia offerings associated with this report will resume next week, May 7.) In our asset allocation strategies, we continue to have a separate provision to homebuilders.  The reason for this particular position… Read More »

Asset Allocation Weekly (April 23, 2021)

by Asset Allocation Committee | PDF A decade ago, the Rent Is Too Damn High Party became a viral sensation after a candidate for the New York governorship, Jimmy McMillan, announced lowering New York rent as his central platform. Now, over a decade later, rent prices in New York have finally started to fall. The… Read More »

Asset Allocation Weekly (April 16, 2021)

by Asset Allocation Committee | PDF In the NBC mockumentary show The Office, the character Jim Halpert gets tricked into choosing his wife, Pam, as “Employee of the Month.” Perplexed and suspicious, coworkers begin to probe into how Jim’s wife was deserving of the award. Pam, who was also surprised, attempts to justify the result,… Read More »

Asset Allocation Weekly (April 9, 2021)

by Asset Allocation Committee | PDF One key worry for investors these days is whether massive fiscal stimulus, loose monetary policy, and accelerating economic growth will spark runaway inflation.  That concern has been a major factor in driving down fixed income prices and boosting bond yields since the beginning of the year.  However, we’ve been… Read More »

Asset Allocation Weekly (March 26, 2021)

by Asset Allocation Committee | PDF (Note: Due to the upcoming Good Friday holiday, the next report will be published on April 9.) Since peaking in August, gold prices have been under pressure. Technically, prices broke support around 1750 in early March and have been attempting to consolidate. We have been holding gold in our… Read More »

Asset Allocation Weekly (March 19, 2021)

by Asset Allocation Committee | PDF When discussing the fiscal deficit in a meeting with then-President Bill Clinton and his Council of Economic Advisors, Chief Strategist James Carville was quoted as saying, “I used to think that if there was reincarnation, I wanted to come back as the president or the pope or as a… Read More »

Asset Allocation Weekly (March 12, 2021)

by Asset Allocation Committee | PDF With the U.S. dollar apparently poised for what could be a long phase of depreciation, investors are naturally looking more closely at foreign stocks for future growth.  Japan has been a prime focus, not only because it sports the world’s third-largest economy and the third-largest equity market, but also… Read More »

Asset Allocation Weekly (March 5, 2021)

by Asset Allocation Committee | PDF In our 2021 Outlook, we had a forecast for the S&P 500 of 3918/4050.  Since the index is close to that level, we have received questions about whether we are expecting little upside from here or if we intend to calibrate our expectations.  This week’s Asset Allocation Weekly is… Read More »

1 2 3 29