Tactical Adaptive Strategies Update Performance Adaptive Global gained 0.50% and 1.79% YTD. Adaptive Income gained 0.42% and 2.45% YTD. Adaptive Innovation gained 0.38% and 8.37% YTD Both Adaptive Global and Adaptive Innovation entered July weighted toward Treasuries while Adaptive Income held high yield. All had modest but firm gains for July but weakened into the … Read moreTactical Asset Allocation – July 2019
Tactical Asset Allocation Strategy Update Performance Global Adaptive gained 1.91% for June and is up 1.27% YTD. Adaptive Income gained 0.64% for June and is up 2.02% YTD. Both have avoided most of the market whipsaws following the September highs in the equity market. This is the comment which accompanied the allocations at the end … Read moreTactical Asset Allocation – June 2019
Tactical Asset Allocation Strategy Update Performance Global Adaptive lost 2.17% for May and 0.63% YTD. Our position in long Treasuries did extremely well while positions in both equities and commodities did poorly. The decline in Global Adaptive was 1/3 of the decline in the S&P 500. Adaptive Income lost 1.93% during May and is up … Read moreTactical Asset Allocation – May 2019
A 35+ year secular bull market in both equities and bonds began in 1982. The last cyclical bull market in equities (and to a lesser extent, bonds) began 10 years ago. Returns during these periods have been historically exceptional. Market returns for the next 10 years are highly unlikely to approach those of the past 10. In fact, there is at least some evidence that market returns have a high probability of being significantly lower and that bonds and equities (which have risen together) may actually begin working at cross purposes.
Investors should not use the statistics shown for our strategies to establish expectations of specific levels of returns or drawdowns. Investors should, however, appreciate that we believe the principles which underlie the Tactical Adaptive Global, Tactical Adaptive Income, and Tactical Adaptive Innovation Strategies are enduring enough to significantly outperform the market in the future, both in lowering risk and in improving returns.
A 35+ year secular bull market in both equities and bonds began in 1982. The last cyclical bull market in equities (and to a lesser extent, bonds) began 10 years ago. Returns during these periods have been historically exceptional. Market returns for the next 10 years are highly unlikely to approach those of the past 10. In fact, there is at least some evidence that market returns have a high probability of being significantly lower and that bonds and equities (which have risen together) may actually begin working at cross purposes.
Investors should not use the statistics shown for our strategies to establish expectations of specific levels of returns or drawdowns. Investors should, however, appreciate that we believe the principles which underlie the Tactical Adaptive Global, Tactical Adaptive Income, and Tactical Adaptive Innovation Strategies are enduring enough to significantly outperform the market in the future, both in lowering risk and in improving returns.
A 35+ year secular bull market in both equities and bonds began in 1982. The last cyclical bull market in equities (and to a lesser extent, bonds) began 10 years ago. Returns during these periods have been historically exceptional. Market returns for the next 10 years are highly unlikely to approach those of the past 10. In fact, there is at least some evidence that market returns have a high probability of being significantly lower and that bonds and equities (which have risen together) may actually begin working at cross purposes.
Investors should not use the statistics shown for our strategies to establish expectations of specific levels of returns or drawdowns. Investors should, however, appreciate that we believe the principles which underlie the Tactical Adaptive Global, Tactical Adaptive Income, and Tactical Adaptive Innovation Strategies are enduring enough to significantly outperform the market in the future, both in lowering risk and in improving returns.