Nick Cerbone News Today

Wren Cove is the unexpected collaboration of multi-instrumentalist Andrew Cloninger, formerly of the Daniel Bennett Group, and cellist Melissa Davies of the band Cottage Street....

Amid rising recession fears, inflation & interest rate concerns, and slowing economic growth, equities had their worst first half of the year in decades as the S&P 500 fell 20%.

The market will continue to shift the narrative as to whether or not we have reached peak inflation.

Today’s CPI print delivered worse than expected inflation. We are once again at a 40-year high.

What Happened in April? April was a challenging month for equities as stocks declined. US growth stocks were amongst the worst performers (-13.6%), followed by US large-caps (-8.8%) and US small-caps (-7.8%). Bonds also struggled as investment grade corporates were down 6.7%, 7-10 year US Treasuries fell 4.2%, and high yield credits declined 4.2%. CommoditiesRead More

January 2022 CPI data are scheduled to be released on Thursday, February 10, 2022, at 8:30 A.M.

communicate portfolio construction thoughts with investors on a  more systematic basis. In this  ‘CIO Thoughts’ piece, our aim is to deliver  several topics in an easy-to-read language, which hopefully leads to more fruitful conversations and meetings with our investors. Before discussing Astoria’s ‘ CIO Thoughts’, we wanted to alert you that Astoria’s Quantitative Strategist, Nick Cerbone, has updated our  Portfolio Construction Dashboard, which is stored here (click here; ...

January 15, 2021 Many advisors have asked us our view on what broad market US equity theme they should favor in the near term for their client portfolios. On a relative basis, we believe our  Cyclicals Portfolio (which has a lot of value-oriented companies within financial, material, energy, and industrial spaces) is uniquely positioned (relative to our other solutions) as the economy  continues to normalize in 2021. In the report below, we backtested Astoria’s Cyclicals Portfolio (desc...