All Time Highs, Corrections, and Implementation Alpha
We’ve received a few inquiries recently from clients asking whether we would recommend adding cash to portfolios given the market’s strength over the last 18 months. Asked differently, should we approach the markets with caution given that we are at all-time highs (ATHs)? We’re eager to address this question in this month’s PAC Insights.
PAC Insights: Equities and Long-Term Impacts of Inflation
Inflation continues to be a major headline as the market speculates on Fed interest rate policy. Shelter is moderating from high levels, while vehicle insurance is at an extreme statistically significant upside condition. Market narratives around inflation trends neglect to highlight disproportionate and unsustainable inflation in vehicle insurance.