Recent Posts

Archive

Tags

Deconstructing Inflation

As the page turns to a new year and a new President, bond investors fear the return of inflation. Tight labor markets, expected fiscal stimulus, deficits, the pullback of monetary stimulus, and reduction by a primary holder of US Treasuries are bringing higher inflation expectations. After a thirty-five-year run for bonds, the cycle certainly seems long in the tooth. Nonetheless, proper positioning for higher inflation requires understanding the drivers of inflation; no matter their uncertainty. As with any strategy, the inability to identify critical factors will deliver improper focus and a response unsuited for the environment. Unpacking the basket. Inflation is frequently measured by ch

San Francisco  |   Los Angeles  |  415-373-7152

 

©2003-2020 Capital Risk Management LLC

 

Capital Risk Management is a Registered Investment Advisor in California and may transact business there and in other states where it is notice filed or exempt.

Please note that although Capital Risk Management LLC is a Registered Investment Adviser, readers should be aware that registration with any state securities authority

does not imply a certain level of skill or training. Additional information about Capital Risk is available on the SEC’s website at www.adviserinfo.sec.gov or

through the Broker Check at FINRA.

Strategy | Investing | Asset Allocation | Liability Driven Investing | Pensions | Endowments | Enterprise Risk Management | Financial Planning | Wealth Management

Disclosures     Terms of Use     Privacy Statement      Form ADV