September 2023 Newsletter | Are We Out Of The Woods Or Just Entering?

Sep 02, 2023

∙ Paid

Summary

Equities have rallied significantly, but high valuations and economic data suggest we are not out of the woods yet.
Capital market assumptions indicate lower equity returns and higher returns on investment grade corporate bonds. That doesn't even accounting for risk.
Hedging portfolios with put options or ETFs can provide downside protection in a …