Insights

February 2023 Market Recap

The S&P 500® Index returned -2.44% in February, bringing its year-to-date return to 3.69%. Investor euphoria in January, driven by persistently high inflation that appeared ...
Read More →

After the Bear: A Brief History of Market Recoveries

Long-term equity returns after years like 2022 are attractive but volatile: Five-year periods after bear market drawdowns produced double-digit annualized returns in six out of ...
Read More →

January 2023 Volatility Briefing

Implied volatility, as measured by the Cboe® Volatility Index (the VIX®), averaged 20.17 in January. Consistent with its typical relationship, average implied volatility exceeded realized ...
Read More →

2022 Active PutWrite Commentary – Q4

Read our Q4 Active Putwrite Commentary for a review of strategy performance and positioning during the quarter.  2022 Q4 Active Putwrite Commentary
Read More →

Is it 1963 or 2002?

As traders and professional prognosticators hang on every word from Federal Reserve officials, anticipate each data release with tense fingers hovering over keyboards and debate ...
Read More →