Bank and electric utility stocks fit very well together in a portfolio because they are both sensitive to changes in interest rates, but in opposite ways. More specifically, bank and utility stocks move in opposite directions to changes in interest rates – banks generally respond positively to a rise in interest rates, while utility stocks respond negatively – producing a natural hedge
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A bond allocation is like a railroad. Credit is the locomotive that generates high returns, duration the track that keeps the train in line. Take the track away and you risk running your portfolio into the ditch. That’s why duration-hedged credit strategies are dangerous
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The following report is provided free each week by McAlinden Research Partners exclusively to members of Hedge Connection. Today’s issue cluster focuses on Waste Management
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The following report is provided free each week by McAlinden Research Partners exclusively to members of Hedge Connection. Today’s issue cluster focuses on U.S. Housing
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Global developed equity markets rose in apparent harmony during the second quarter, as if they were all singing from the same sheet. But beneath the returns, multiple risks are fomenting disquiet, and five points of dissonance warrant closer attention
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