The 2023 Callan Periodic Table of Returns
The new Callan Associates Periodic Table of Returns is out and shows the timeless message of finance: asset classes take turns in the sun. What will be the best performer of 2024? Only time will tell.
MKAM on the Investor's Business Daily Podcast
Mulholland & Kuperstock Asset Management Chief Investment Officer Stephen Mulholland, CFA appeared on the Investor's Business Daily Podcast. The topics of discussion was: the stock market, interest rates, asset allocation, and risk management.
Stock Market Investors Are Playing For Time
The Fed ended its zero interest rate policy, after 13 years. Bonds have normalized. Stocks are yet to adjust. It's only a matter of time.
What did Bill Gross (“the Bond King”) Mean When He Said Bond and Stock Markets were Overvalued?
Bill Gross lays out a cogent case for why bond and stock markets remain overvalued. Short-term US Treasury Bills remain the one large US asset class offering higher than expected returns.
Robust Errors
How can we have useful models that forecast performance a decade from now, but tell you nothing about the short or intermediate term? We believe that the journey you have already partially completed informs the rest of the trip.
Trend Following: Generate Market Returns, Reduce Financial Anxiety
Trend following is a an investment methodology that can reduce financial anxiety while still preserving returns.