The NDR Fixed Income Allocation Strategy entered the month with elevated allocations to Floating Rate Notes, Non-U.S. Investment Grade, and U.S. Long-Term Treasurys.

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

Full strategy commentary: NDRFIAS202210051

Other posts

NDR Fixed Income Allocation Strategy June 2023 Update

BY BRIAN SANBORN
The NDR Fixed Income Allocation Strategy, Positioning Update Read more →

Putin Renews Geopolitical Tension, Walmart Earnings

BY TEMATICA
The S&P 500 Outlook - Bank of America vs. Goldman Sachs Read more →

MI2 Partners Thoughts From The Divide: Scapegoats and Fall Guys

BY JON WEBB
The term “scapegoat” comes from a ritual described in Leviticus, where a goat was symbolically burdened with the sins of the people and sent into the wilderness, supposedly taking with it the community’s collective guilt. It’s handy that people have an antipathy toward goats: “scapekittens” or “scapepuppies” just wouldn’t work as well. Over time, the term evolved to describe individuals or groups unfairly blamed for problems they didn’t cause. A “fall guy”, by contrast, is someone who takes the blame knowingly or is set up to absorb consequences for others, usually as part of a calculated strategy. In both cases, the objective is to deflect responsibility, but the fall guy is more instrumental in the narrative. Read more →
Back to all posts →