We can all agree 2020 has been a year we will not soon forget – though most would like to. I want to highlight what I think are the most important current market dynamics: liquidity, positioning, momentum, and quant models, and then touch on thoughts for next year...
According to Harvest Partner and Portfolio Manager Josh Silva, in a recent macro commentary titled Can You Still Own Bonds, “Investors are starved for yield and buying it up at alarming rates.
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1Please note that the Adviser calculates its assets under management with respect to its overlay strategies based on notional valuations and mandate sizes rather than market valuations. AUM is as of 3/31/2022.