Top Considerations When Investing in a Unique Asset Class
The term alternative investment may sound odd at first, but it is simply any investment outside traditional asset classes which include stocks, bonds and cash. Alternative investments may include a venture capital firm investing in a biotech startup or owning interest in a professional sports team. The practice is much more common than you may […]
Best Investment Options: The Compounding Power of High Quality Stocks
Investing is a delicate process that takes many different factors into account. The main goal in investing, however, is to pick the right stock, which is easier said than done. For example, if you were tasked with picking between car manufacturer General Motor’s (GM) stock and aftermarket car parts O’Reilly Auto Parts (ORLY) stock in […]
The Road to Full Employment
Introduction The U.S. economy maintained its strong momentum in the second quarter. Earnings estimates for the next 12 months also continued to rise on the heels of a robust economic recovery. As a result, the U.S. stock market generated solid returns in the second quarter. The S&P 500 index rose by 8.5% while the Russell […]
Inflation- A Real Or Inflated Risk?
Introduction We highlighted the advent of a new economic cycle in our commentary at the beginning of the year. We observed that there were a number of aspects of this new cycle that were both unusual and underappreciated. An unusually strong consumer and unusually massive stimulus were two of the more powerful tailwinds for our constructive outlook. We also […]
A New… But Unusual… Economic Cycle
Introduction We begin the New Year on an optimistic note. We project that the coronavirus recession ended in the third quarter and a new economic cycle is underway. At this point, we assign a low probability to the odds of a double-dip recession. We discuss the rationale for our thesis in the following sections. 2020 […]
Why Investors Are Recalibrating Their Portfolio Right Now
In times of erratic uncertainty, consistency becomes a welcome respite. But consistency can also breed complacency at precisely the time investors need to adapt—particularly when it comes to reallocating a portfolio. When the Federal Reserve recently signaled a renewed commitment to keeping rates near zero for the next few years in response to continued covid-19 […]
Invest Like You Mean It: Wealthier With ESG
ESG, impact investing, socially responsible portfolios—these phrases and buzzwords, all focused on investing based on core values—have boiled down to one commonality for investors. “ESG has become a way to connect impact to earnings,” said Craig T. Ayers, senior vice president and senior portfolio manager at Whittier Trust. But it’s not only investing in what “feels […]
The Opportunities And Challenges Of Private Market Investing
If you have a portfolio of stocks, bonds and other public assets, you may be intrigued by private market investing. Private market investing—a phrase often used interchangeably with private equity, venture investing and direct lending—offers robust opportunity, said Jay Karpen, investment manager at Whittier Trust. “Companies are staying private longer and are going public at […]
Grow Your Wealth With This Holistic Account Management Strategy
Quick: What is your total net worth? For many high net worth individuals, that’s a complicated question to answer. To find a total net worth, you need to consider all your assets. Not only do these include your investment accounts or real estate holdings—easily accessible in real time—but they also include assets that may be […]
Debt and Taxes… Inevitable or Not?
A Slowing Recovery There were two distinct themes at play in the markets during the third quarter. Markets were initially buoyed by surprisingly strong economic and earnings reports. Almost 1.8 million new jobs were added in July and corporate profits came in a record 23% higher than expectations. The good news was enough to overcome […]