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MACROSCOPE: Yield curve concerns resurface as Federal Reserve turns dovish

A week ago – on March 20, to be precise – the U.S. Federal Reserve (the “Fed”) confirmed one of the most remarkable turnarounds in its monetary stance in years. Specifically, the Fed reiterated that it would be patient in making future adjustments to its benchmark interest rate. Concurrently, the median projection of Fed officials […]

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MACROSCOPE: Market prognosis and experts’ prognostications for 2019

Investors will doubtless be glad to see the back of 2018, a year when nothing seemed to work – stocks, bonds, commodities, preferred shares. Almost every asset class finished in the red for the year, in sharp contrast to 2017, when most investments generated sizeable returns amid record-low volatility. Click here to read our latest market […]

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Macroscope: Why losing less means gaining more over the long term

Upside /downside capture ratios indicates by how much a portfolio or fund has outperformed its benchmark during periods of market strength and weakness respectively. An upside capture ratio of over 100 indicates that the fund generally outperformed the benchmark during positive market periods, while a downside capture ratio of less than 100 indicates that the […]

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