Insights

December 13, 2021
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Peter Duffy, CFA
CIO - Credit, Sr. Portfolio Manager

Meet the new Boss, same as the old Boss?

Jay Powell was renominated to a second term at the Federal Reserve (“Fed”) and yet it seems there is new sheriff in town. Powell seems to have quickly changed his tone on inflation, maybe not-so-coincidentally right after meeting with President Biden.

Full Article
September 15, 2020

Fed’s More Flexible Inflation Target

Last week the Federal Reserve officially announced what we already assumed; their desire to stoke inflation over 2%.

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Peter Duffy, CFA
CIO - Credit, Sr. Portfolio Manager
July 15, 2020

Fed’s words prove more helpful than their actions

The Federal Reserve shocked markets on March 23rd when it announced extraordinary measures to ensure liquidity flows throughout financial markets.

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Peter Duffy, CFA
CIO - Credit, Sr. Portfolio Manager
May 25, 2020

Small Growth passing baton to Small Value

Small value equities are valued -38% below their 10-year average, while growth, defensive, low volatility, and ESG factors exceed the bubble threshold of +30%. This dispersion has reached a 20-year high, in line with the dot-com bubble.

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J. Paulo Silva, CFA
Sr. Portfolio Manager