Brown Advisory

MAY 31, 2017

Asset allocation—at least for us—is an exercise in nuance. We move slowly and carefully when it comes to shifting our portfolios away from one asset class or region and toward another. EUROPEAN RE-ENTRY: Why We Are Shifting Portfolios Toward European Stocks. Thu, 06/01/2017 - 02:47.

Portfolio 52

Portfolio Asset Allocation Valuation Economics 52

Investing Caffeine

APRIL 1, 2022

The hangover from COVID has created significant supply chain disruptions and widespread economic shortages. Source: Trading Economics. The rising Baker Hughes drilling rig count below reflects the miracle of supply-demand economics operating in full force. Source: Trading Economics. Source: GasBuddy.com.

Economy 59

Economy Economics Valuation Investing 59

Investing Caffeine

MAY 2, 2022

As you can see from the chart below, there have been no shortage of issues and events to worry about over the last 15 years (2007 – 2022): 2008-2009: Financial Crisis 2010: Flash Crash (electronic trading collapse) 2011: Debt Ceiling – Eurozone Collapse 2012: Greek Debt Crisis – Arab Spring (anti-government protests) 2012: Presidential Elections (..)

Electronics 59

Electronics Economy CFP Investing 59

Brown Advisory

SEPTEMBER 22, 2017

In a world increasingly enamored of "strategic beta" and, more recently, "smart beta" solutions, investors believe they can manage portfolios vis-à-vis these types of market risk factors (Mainie, 2015). Can we also generate predictable utility from managing portfolios around an "ESG factor?"

Portfolio 52

Portfolio Investing Investments Management 52

Brown Advisory

SEPTEMBER 22, 2017

In a world increasingly enamored of "strategic beta" and, more recently, "smart beta" solutions, investors believe they can manage portfolios vis-à-vis these types of market risk factors (Mainie, 2015). Can we also generate predictable utility from managing portfolios around an "ESG factor?"

Portfolio 52

Portfolio Investing Investments Management 52

Brown Advisory

SEPTEMBER 1, 2015

Tue, 09/01/2015 - 11:30. Economic recoveries usually feature a surge in consumption as employment and wages rebound. Consumer spending accounts for about 70% of economic activity, so any weakness drags down growth, employment, wage gains and stock prices—the biggest engines of prosperity. Shadow Consumption. Current U.S.

Food 52

Food Portfolio Management Sales Strategic Planning 52

Brown Advisory

SEPTEMBER 3, 2015

Thu, 09/03/2015 - 15:10. The island’s economy has shrunk for nearly a decade and will probably contract by more than 1% during fiscal year 2015, according to a June report commissioned by Puerto Rico and co-written by Anne Krueger, a former first deputy managing director of the International Monetary Fund. Rude Awakening. Current U.S.

Transportation 52

Transportation Government Economy Asset Allocation 52

James Hendries

JUNE 20, 2023

That’s not suggesting another 2008 is coming, but rather highlights how fast the economic environment can change. Along with the statement, the Committee updated the Summary of Economic Projections (SEP), which is arguably more important than the brief monetary policy statement.

Marketing 52

Marketing Marketing Economy Communication 52

Brown Advisory

DECEMBER 2, 2015

Wed, 12/02/2015 - 12:50. By Taylor Graff, CFA, Asset Allocation Analyst. Investors should expect the market swings of 2015 to carry over into the new year, driven largely by concerns over weak global growth. Anchoring Expectations. Ensuring Legacies Last. By Joe Ferlise, Strategic Advisor.

Taxes 52

Taxes Clients Estate Planning Portfolio 52

James Hendries

JANUARY 13, 2023

Lessons learned: Economic forecasts The Fed’s bark was as bad as its bite! And on the asset allocation side, the team’s preference for value stocks throughout the year turned out to be a win. Any economic forecasts set forth may not develop as predicted and are subject to change. The reason? All index data from Bloomberg.

Marketing 52

Marketing Marketing Valuation Banking 52

Brown Advisory

SEPTEMBER 3, 2015

Thu, 09/03/2015 - 15:10. War and financial turmoil— the bane of Europe’s economic well-being last century—are currently veiling a rebound in regional growth and unanticipated vigor among European companies. During the second quarter of 2015, Spain’s gross domestic product expanded 1% on a quarterly basis. Europe's Slow Climb.

Economy 40

Economy Economics Asset Allocation Banking 40

Brown Advisory

AUGUST 1, 2018

From an economic perspective, growth in the U.S. Cycles have yet to be eradicated from the economic landscape. Adding risk to portfolios at this stage in the economic cycle does not seem like a prudent strategy to us. Just to be clear, this is not a sudden or abrupt shift in our thinking.

Management 52

Management Investing Investments Valuation 52

Brown Advisory

AUGUST 1, 2018

From an economic perspective, growth in the U.S. Cycles have yet to be eradicated from the economic landscape. Adding risk to portfolios at this stage in the economic cycle does not seem like a prudent strategy to us. Just to be clear, this is not a sudden or abrupt shift in our thinking. Incremental Equity Risks.

Management 52

Management Investing Investments Valuation 52

Investing Caffeine

FEBRUARY 1, 2022

Many people have short memories and forget the Fed hiked interest rates 10 times from the end of 2015 through 2018. Source: Federal Reserve Economic Data (FRED). Although the Federal Funds interest rate target is expected to increase to 2.5% level is very appealing and still extremely low, historically speaking ( see chart below ).

Math 52

Math Assets Investing Investments 52

Brown Advisory

APRIL 1, 2015

Wed, 04/01/2015 - 16:48. Although we expressed some worry about the long-term effects of mounting deficits, we concluded that stocks and other assets were not in bubble territory and represented good value despite what we saw as a weak economic recovery. Investment Perspectives | Bubbles II. Then and Now.

Investing 52

Investing Investments Valuation Assets 52

Brown Advisory

DECEMBER 2, 2015

Wed, 12/02/2015 - 10:29. Estate plans can offer heirs a full range of control, from an outright inheritance without limitations, to trusts that distribute assets over decades. Trusts often make sense, as they provide economic benefit to heirs while protecting assets from certain creditor claims and taxes.

Estate Planning 52

Estate Planning Asset Allocation Assets Planning 52

The Better Letter

OCTOBER 5, 2023

Even worse, our economic and market models typically assume a “mild randomness” of market fluctuations. In 2015, residents in Woodland, N.C. This math explains why we shouldn’t be surprised when the market remains “irrational” far longer than seems possible. But we are.

Insurance 114

Insurance Food Asset Allocation Retirement 114

Brown Advisory

SEPTEMBER 3, 2015

Thu, 09/03/2015 - 15:11. Protecting inherited assets from a claim by a family member’s ex-spouse can help limit those losses. Economic recoveries usually feature a surge in consumption as employment and wages rebound. By Taylor Graff, CFA, Asset Allocation Analyst. Before Tying the Knot. Current U.S.

Estate Planning 52

Estate Planning Assets Distribution Taxes 52

The Big Picture

APRIL 4, 2023

That’s a 5x increase since the financial crisis and a doubling since 2015. You raised another $11 billion in capital, despite the economic environment. KENCEL: So I was actually speaking at a conference, the Greenwich Economic Forum last week, where your folks interviewed me, actually. Private debt AUM has grown to $1.3

Banking 147

Banking Management Investing Investments 147

The Big Picture

MARCH 26, 2024

It was 2015. You get a BA in economics and poli sci from the University of Delaware. He wasn’t tactical asset allocator. And we talk about the fed and economic data and what’s ahead for the week. In 00:27:45 [Speaker Changed] 2015. I listened to the first conversation we had. You were great.

Marketing 147

Marketing Marketing Investing Investments 147

The Big Picture

JUNE 20, 2023

Or should this be kept out of private asset allocators’ hands? ” RITHOLTZ: And you had the Gates study in, what, 2015, saying the same thing? MORGENSON: And it was, so Steve was a candidate that had economic ideas, okay? Now, They have seized on healthcare as a huge industry to really dive into, to invest in.

Insurance 147

Insurance Healthcare Retail Medicine 147

The Big Picture

JANUARY 31, 2023

Neil Dutta has been doing economic analysis and research from a market-based perspective for over 20 years. I found this to be just an absolutely fascinating discussion about how to best contextualize the world of economic data around you, in a way that’s useful for you as an investor. With no further ado, RenMac’s Neil Dutta.

Economics 147

Economics Economy Marketing Marketing 147