22 May 2013

Gold’s Selloff a Bad Omen for Equity Markets

In January, I published my outlook for 2013, which argued for continued long positions in risk assets supported not by fundamentals but by lax monetary policy. As of the end of last week, we’ve ridden the ticker tape higher by … Read more

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24 January 2013

Looking Forward: Risks in the Year Ahead

By Filip Mardjokic, CFA

By this time of year, we have seen more than a few forecasts and commentaries about what the market is likely to do over the next few years. I’d like to take something of a different approach: offer a view … Read more

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13 September 2012

Pushing on a String

By Filip Mardjokic, CFA

Federal Reserve policy has substantial effects that are important for investors to understand, and future policy direction may be different than expected. Being riskless (by that I mean holding government securities) simply doesn’t pay anymore, and markets are starting to … Read more

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23 August 2012

The Dividend Yield Cliff

By Filip Mardjokic, CFA

Investors clamor for income, but receiving it through dividends may be riskier than you think. A number of well-respected money managers have recommended dividend-paying stocks as a smart way to invest in equity markets. Dividends pad returns, cushion downside risk, … Read more

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