Beyond Bulls & Bears

Unconstrained Global Investing in an Extraordinary Monetary Policy Environment

Unconstrained Global Investing in an Extraordinary Monetary Policy Environment

As we see it, it is only a matter of time before US wages start to rise to levels where inflation is triggered. Using the Fed’s own estimates, we are quite close to what’s considered to be full employment. To us, this does not justify 0% interest rates.

Rethinking Core Fixed Income

Rethinking Core Fixed Income

In our view, the United States has likely passed the inflection point in interest rates and may be in the early stages of the normalization period in monetary policy.

Hasenstab in Ukraine, on Ukraine

Hasenstab in Ukraine, on Ukraine