By Angus Shillington, Deputy Portfolio Manager, Emerging Markets Equity Angus Shillington recently sat down with Barron’s to discuss why infrastructure is key to Prime Minister Modi’s ambitions to make India a global manufacturing center. India is making significant strides in expanding its infrastructure with a focus on building more roads and railroads....

I was a landlord once and it didn’t turn out how I expected. I think it mattered that I didn’t set out to be a landlord. I had bought a house in Baltimore City that I expected to live in for many years. Then my job relocated me to sunny Florida (who would pass that [...] The post Real Estate That Should Be on Your Radar Right Now appeared first on...

By Imaru Casanova, Portfolio Manager, Gold and Precious Metals Gold surged to a record $2,450 in May, driven by strong central bank buying and Asian demand. Miners outperformed, but gold eased by month’s end due to a stronger dollar and higher bond yields. Monthly gold market and economic insights from Imaru Casanova, Portfolio Manager, featuring [...]...

Volatility spiked in the California carbon market this month on lower auction prices and the regulatory body’s failure to provide further guidance. Though a volatile asset class, the long-term thesis for the market remains strong. Lower-than-expected auction prices alongside lack of clear updates from CARB likely impacted short-term prices. “This price...

The yield on the 10-year note ended June 14, 2024 at 4.20%, the 2-year note ended at 4.67%, and the 30-year at 4.34%. Here is a table showing the yields’ highs and lows and the FFR since 2007. The next chart is an overlay of the daily performance of several Treasury bonds since the pre-recession [...] The post Treasury Yields Snapshot: June 14, 2024...

The S&P 500 rose for a second straight week, finishing up 1.58% from last Friday. The index is currently up 14.52% year to date and has recorded a new all-time high 29 times this year. The table below summarizes the number of record highs reached each year dating back to 2008. Here is a snapshot [...] The post S&P 500 Snapshot: Climbs 1.6%...