Fear the Zombies Part II
We wrote about zombie companies a year ago – companies that survived the COVID-19 lockdown, but that are not profitable enough to service debt and invest for the future...
MGMT Insights
Positioning for Higher Inflation and Rising Rates
Are allocators over-exposed to duration? We believe the answer for most is a resounding “Yes” – both in equity and fixed income exposure. Here’s the deal; we have been...
Global Supply Chain Issue, Inventory and What it Means
Supply chain issues have been talked about ad nauseam. The Fed points to it as a reason we have inflation today, which is partially/largely true – at least in the near...
Focus on Liquidity Instead of Volume when Investing in ETF’s
One of the common misconceptions about ETFs is that the daily volume of shares traded is the same as the liquidity of the ETF itself. The reality is, there is very...
Inflation: Unless your Money is Beating it You are Losing It
The October Consumer Price Index (CPI) data for October was red-hot and notably greater than what was forecasted by the Federal Reserve. While the concern for higher...