Tilts – Searching for (Relative) Value

By |2015-11-09T09:04:26-05:00November 6th, 2015|Bonds, Commodities, Economy, Federal Reserve/Monetary Policy, Markets, Stocks|

The investing environment remains challenging. Equity valuations are high after a 6 year extraordinary bull market. Bonds have been in a bull market for 35 years and yields, though off their 2012 lows, remain at historic extremes. After a 7 year, 700% bull in oil from 2001 to 2008, it gave back 90% of gains in 6 month. Oil followed this up with a 5 year [...]