Navigating Global Markets

Fourth Quarter 2024 Market Commentary: Same As It Ever Was

“Santa Claus Rally" Remained Elusive But 2024 Handed Investors Broad-Based Gains. The Same As It Ever Was.

Third Quarter 2024 Market Commentary: A Midsummer Night's Dream

In literature and theater, comedies and tragedies are two popular genres. At various points in time, markets can appear to be reflective of both.

Second Quarter 2024 Market Commentary: The Ten Trillion Dollar Trio

As asset allocators, it is unusual to spend a significant amount of time on individual stocks, such as The Ten Trillion Dollar Trio; however, given the concentration by market cap and performance in a...

First Quarter 2024 Market Commentary: Shake It Off

The stock market started the year with a bang. In keeping with the Taylor Swift song Shake It Off, the market has remained unbothered by potential external signs of instability and has continued to ma...

Fourth Quarter 2023 Market Commentary: What a Difference a Year Makes

In many ways, 2023 appeared the polar opposite of 2022. The traditional 60/40 portfolio of stocks/bonds declined double digits in 2022, yet this same portfolio mix increased double digits in 2023.

FEG Insight: Endowment Model Principles

One overarching advantage endowments have over other pools of capital is a long time horizon. Endowments defy the two certainties in life: death and taxes.