360 Insights

  • Cycles & Anniversaries

    Knowing where you are within an economic, investment, or social cycle may be the single most important factor in making an investment decision. History is rife with examples of cycle extremes, both on the upside and on the downside, offering excellent corollaries to today’s cycle environment. We should adjust our thinking based on where we...

  • Cyborgs & Recessions

    With rapid advancements in technology computing power, we now have access to information that was once unfathomable. But having information and properly using information are two very different things. A successful investment strategy must combine the benefits of both humans and machines. Numerous economic indicators are flashing warning signs. Most recently, December retail sales came...

  • Dipping Our Toes

    Prudent management of portfolios does not include an “all-in” clause. As the market continues to show resilience following the steep selloff in the fourth quarter last year, we are continuing to reallocate out of cash and into equity and other attractive investments. However, we’re not convinced we are out of the woods just yet. Plus,...

  • Be Right or Make Money?

    It’s that time of year when all of Wall Street makes their predictions on where the markets are headed in 2019. But beware, you are being sold something and you may not recognize it. Plus, as bulls and bears continue their tango, we ask “Now What”? Evidence exists for both positive and negative outcomes, so...

  • You’re a Mean One…

    Market stress continues, as the S&P 500 has fallen over 13% this month, and is on track to be the worst December in history. When used effectively, cash can be an incredibly effective way to manage risks during times of stress like we’re in now. We explore these uses, and look at whether the Grinch...

  • Nowhere to Run

    Over the past 18 months, we have been preparing portfolios for what we view as the inevitable risk that assets begin to move in sync with one another. This is typical late cycle behavior, and one that poses difficulty for traditional portfolio management. This is now occurring, and we continue to place a premium on...