NDR Fixed Income Allocation Strategy May 2021 Update

NDR Fixed Income Allocation Strategy positioning, allocations, indicators update.
BY BRIAN SANBORN

The NDR Fixed Income Allocation Strategy entered the month with aggressive positioning. Both Emerging Markets and U.S. High Yield received large overweight allocations. All of U.S. Treasury Inflation-Protected Securities’ (TIPS) macro, fundamental, technical, or behavioral indicators were bullish at the start of the month.

Click the link below to read more about the strategy’s positioning.

Full strategy commentary: NDRFIAS202105051

Other posts

Don’t Expect Market Volatility to Go Away Anytime Soon

BY TEMATICA
Why investors will be hanging on Powell's Friday comments Read more →

Thoughts From The Divide: Finding Reasons

BY JON WEBB
The latest flurry of Fed speak has been a broad recanting of the previously guaranteed, 100% for sure, cuts this year, with members saying, “I definitely don’t feel urgency to cut rates”, “I’m not in a mad dash hurry to get there[, to lower rates]”, and “at some point, … we will start to normalize policy back to a less restrictive stance [ed. Ha!], but we don’t have to do that in a hurry”. It’s nice to be vindicated. But now what? Read more →

Thoughts From The Divide: Collateral Damage – May 31 2024 – MI2 Partners

BY JON WEBB
If this week’s title sends a small shiver down your spine, you may be in the Real Estate/lending business. Sadly, there doesn’t appear to be any quick or easy cures, which is perhaps unsurprising as the hits keep coming. Bank OZK is the latest example, getting slammed after a Citi analyst noted “substantial concerns” over the company’s “largest individual loan… and Life Science construction lending in general”. Some might think the residential side is also showing some cracks, with pending home sales slumping to the “lowest level since the start of the pandemic”, and with an increasing number of listings opting to cut prices. The latter metric might itself be muted by the number of listings getting pulled… Cheery stuff! Read more →
Back to all posts →