Commodities

March 24, 2022

Uncertainty Clouds the Outlook

An anti-goldilocks economy refers to the global economy where policymakers are confronted with a stagflationary supply shock, which is negative for growth and will tend to push up inflation further. In the current market condition, inflation is “too hot,” as evidenced by the higher energy and food prices, as well as the disrupted supply chains… Continue reading

Commodities, Emerging Markets, Energy, Fixed Income, Global Equity, Global Macro, High Yield Bonds, Market Commentary, Portfolio Management, Real Assets

economic outlook, market overview, market recap, Portfolio Management

January 22, 2015

A Couple Lessons Learned from Recent Experience

Not only did the investing herd have the outlook for rates wrong, but it was uniformly inquiring about the wrong thing. Asset prices are often set to allow for the risks people are aware of. It s the ones they haven’t thought of that can knock the market for a loop. Forecasters usually stick too… Continue reading

Behavioral Finance, Commodities, Energy, Global Macro

December 22, 2013

Passion Investments: Another Smart Choice for HNWIs

The 2013 World Wealth Report indicates that investor confidence in the wealth management industry has improved, and the level of trust in asset managers has risen slightly compared to the previous period. Passion investments, such as yachts, luxury cars, coins, diamonds, antiques, art, antiques, rare stamps, collectibles, jewelry, and fine wine have become increasingly popular among high-net-worth-individuals (HNWIs);… Continue reading

Alternative Investments, Commodities, Private Wealth, Real Assets

October 22, 2013

A Global Macro Strategy: Managed Futures

Hedge funds utilizing a global macro strategy take positions in equity, fixed income, or currency markets in anticipation of global macroeconomic events to generate risk-adjusted returns. Global macro fund managers rely on the “big picture” or trends to identify investment opportunities and profit from anticipated price movements. There are sub-strategies within global macro strategies,… Continue reading

Alternative Investments, Commodities, Due Diligence, Hedge Funds, Risk Management

October 13, 2013

Endowment Spending and Purchasing Power Preservation (I): Commodities

Endowment Spending Policy One of the most difficult challenges that any investment committee member of endowments and foundations face is choosing a spending policy that will best balance two competing goals: maintaining the level of current spending, and growing or preserving the purchasing power of the endowment assets over time even after making charitable distributions.… Continue reading

Alternative Investments, Commodities, Portfolio Management, Real Assets, Risk Management, The Endowment Model

July 7, 2013

Fundamentals of Precious Metals – Gold, Silver, Platinum

Gold The process of gold extraction is expensive and time-consuming. It typically requires large mines and blasting rock to mine gold; the ore is then transported to a plant that crushes it to get to the gold. Investors get confused on what is an ounce of gold because there are two types: 1) avoirdupois ounce,… Continue reading

Alternative Investments, Commodities, Precious Metals, Real Assets

July 3, 2013

Summary on Technical Analysis of Commodities 商品期货投资技术分析

Technical analysis is popular among commodities managers since they tend to be short-term traders. They look for temporary profit opportunities – futures contracts usually have short expiration periods. Technical analysis can generally be boiled down into charts/patterns, and indicators. Patterns are like head and shoulders, rectangles, and island reversals; indicators, on the other hand, are… Continue reading

Alternative Investments, Behavioral Finance, Commodities, Real Assets, Technical Analysis

June 29, 2013

Commodities Market Commentary, Investment Process, and the Passage of Time

Commodities Market Summary Energy: As measured by the S&P GSCI indices, energy lost 1.9% in May, natural gas lost 9.4%. WTI crude oil and brent crude oil markets continued to exhibit an undertone, due to a market of surplus, which was over 2 million barrels per day. Relative to volume, the open interest (total number… Continue reading

Alternative Investments, Commodities, Global Macro, Market Commentary, Portfolio Management, Real Assets

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