Market Perspective

When the Bills Are Due

With the return of the Trump Administration, there is uncertainty about the potential impact of recently implemented policies and impending changes...
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A Year to Remember

In 2024, the S&P 500® Index achieved its first consecutive 20%+ return since 1998-1999 while the Cboe® Volatility Index (the VIX®) reached crisis-like levels, supporting ...
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Quality and High Yield?

The Gateway Quality Income strategy seeks to provide equity market participation and consistent income with reduced risk using two components. The first component is to ...
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Environment Remains Strong for Option Writing

A departure by the Fed from expansive quantitative easing and economic management to more normalized and core-mandate driven policy has generated more uncertainty for the ...
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Volatility & The Fed

Investors following along this year witnessed higher average levels of volatility compared to the post-crisis quantitative easing era. However, until August, it was a relatively ...
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Half Full

Investors familiar with options-based strategies may also be familiar with the Cboe® S&P 500® BuyWriteSM Index (the BXMSM), which represents a covered call writing approach...
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The Election Episode

In recent Perspectives, stock market volatility trends and impact on options market pricing has been reviewed. Summertime Volatility highlighted the seasonality of implied and realized ...
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Summertime Volatility

Spring has turned to summer and offers a chance to sit back, unwind, and find even the smallest escapes from the routines of the year. ...
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Options & Rates

There has been much discussion about the aberration of the low interest rate period that prevailed throughout much of the period following the Great Financial ...
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All About The Rates

In modest fashion, the U.S. Federal Reserve (the Fed) often dominates headlines, and it has been no different during the recent period of transitioning monetary ...
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