Category: Asset Management

A Decomposition of the Market Composition

2020 has been an interesting year for investors so far and it is showing no signs of letting up any time soon. The most popular and widely followed stock market indices are typically market-capitalization weighted (read more about it here https://www.investopedia.com/terms/c/capitalizationweightedindex.asp) and at times can be rather misleading when used as a proxy for performance …

A Quantitative Look at Inflation and Monetary Policy in the United States

Summary Every time the Fed announces monetary easing of some kind, we are flooded with questions and fear regarding inflation. You can also see a similar amount of interest when looking at Keyword searches on Google: We believe that most of the public and even many investment professionals in the US lack an understanding of …

When Comparing Growth to Value, Look Under the Hood

When investing, there are many different investment styles and factors for categorizing stocks.  Categorizations became especially popular when Morningstar created a style box to classify stocks.  Across the vertical axis of the Morningstar style box, stocks are categorized by size.  There are large cap, mid-cap, and small-capitalization stocks, which is based on the market capitalization …