All Weather Strategy
A. Stotz All Weather Strategies – February 2023
The strategy was on par with the 60/40 portfolio and 1.5% above World equity in February 2023. Equities appear more attractive; our biggest tilts are Europe small cap and World energy. Bonds and gold to protect capital. Global recession, collapsing energy prices, Europe underperformance, falling gold price.
Read MoreA. Stotz All Weather Strategies – January 2023
Central bankers appear to be raising rates into a recession to stifle inflation; stagflation would be the worst outcome. Demand for necessities (food and energy), inflation, and supply-chain disruptions can drive commodities higher. We see opportunities to allocate to specific sectors and markets within equity. Bonds and gold to protect capital.
Read MoreA. Stotz All Weather Strategies – December 2022
Central bankers appear to be raising rates into a recession to stifle inflation; stagflation would be the worst outcome. Demand for necessities (food and energy), inflation, and supply-chain disruptions can drive commodities higher. We see opportunities to allocate to specific sectors and markets within equity. Bonds and gold to protect capital.
Read MoreA. Stotz All Weather Strategies – November 2022
Central bankers appear to be raising rates into a recession to stifle inflation; stagflation would be the worst outcome. Demand for necessities (food and energy), inflation, and supply-chain disruptions can drive commodities higher. Bonds and gold to protect capital.
Read MoreA. Stotz All Weather Strategies – October 2022
Central bankers appear to be raising rates into a recession to stifle inflation; stagflation would be the worst outcome. Demand for necessities (food and energy), inflation, and supply-chain disruptions can drive Commodities higher.
Read MoreA. Stotz All Weather Strategies – September 2022
Inflation continues to race up. Destroyed Nord Stream could worsen the European energy crisis. Central banks are raising rates into a recession.
Read MoreA. Stotz All Weather Strategies – August 2022
The All Weather Strategy: The market expects Fed and the ECB to hike aggressively, even if it causes a recession. Europe’s energy crisis is far from over.
Read MoreA. Stotz All Weather Strategies – July 2022
The All Weather Strategy: Global upheaval as ESG policies backfire. Fed hiked 0.75% and the definition of a recession was changed.
Read MoreA. Stotz All Weather Strategy – June 2022
The All Weather Strategy: Inflation and recession concerns were in focus. Performance: On par with a 60/40 portfolio in June. War in Ukraine, recovery demand, and supply-chain bottlenecks to drive commodities and gold.
Read MoreA. Stotz All Weather Strategy – May 2022
The All Weather Strategy underperformed a traditional 60/40 portfolio by 0.3% in May 2022. War in Ukraine, recovery demand, and supply-chain bottlenecks to drive commodities and gold.
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