Research & News
Bi-Weekly Geopolitical Report – Is Japan Back? (April 8, 2024)
by Thomas Wash | PDF In the early 1960s, futurologist Herman Kahn boldly predicted Japan’s economic dominance. He envisioned the nation surpassing the United States in per-capita economic output by 1990 and matching its total economic output a decade later. Kahn’s vision seemed imminent, fueled by Japan’s rise as a major exporter of autos and… Read More »
Asset Allocation Bi-Weekly – Gold, Gold Miners, and Central Banks (April 1, 2024)
by the Asset Allocation Committee | PDF One challenge for investors seeking to benefit from rising gold prices has been that trading and holding the yellow metal is often more expensive than trading or holding stocks or other financial assets. Buying physical gold can involve fat commissions and large costs for storage and insurance. Buying… Read More »
Bi-Weekly Geopolitical Report – Venezuela Threatens Guyana (March 25, 2024)
by Patrick Fearon-Hernandez, CFA | PDF Even though “Great Power” competition between big countries like the United States and China is once again the main source of tension in international affairs, smaller-scale tensions and conflicts involving regional powers still have the potential to disrupt key supply chains and escalate into broader wars. One such potential… Read More »
Asset Allocation Bi-Weekly – The Fed’s Other Policy Tool (March 18, 2024)
by the Asset Allocation Committee | PDF While the Federal Reserve’s dual mandate focuses on achieving maximum employment and stable prices, managing long-term interest rates has also played a significant role since the enactment of the Federal Reserve Act in 1977.[1] Recent actions have raised questions about the Fed potentially anchoring the 10-year Treasury yield… Read More »
Bi-Weekly Geopolitical Report – Rebirth of US Nuclear Deterrence (March 11, 2024)
by Daniel Ortwerth, CFA & Patrick Fearon-Hernandez, CFA | PDF Fifteen years ago, a revolution in United States national security policy began very quietly. It occurred within a subject we have recently addressed in this forum and that is re-emerging as a hot topic of discussion in national security circles after a long hiatus: deterrence,… Read More »