Investment

Over the past two weeks, my team has gotten many questions about the impact that a Biden administration could have...

Lost in election season and pandemic news flow has been the relative stabilization in energy macro and midstream fundamentals since...

It won’t be the Thanksgiving that many of us had envisioned. COVID cases are currently rising at catastrophic rates, and...

Macro update The return of the coronavirus across Europe and the Americas represents an important risk factor for the global...

Midstream equities outperformed the broader markets in October as third-quarter earnings season kicked off with better-than-expected results. Increasing midstream free...

Emerging market (EM) growth stocks have had an unprecedented run versus value over the past decade. The pandemic has amplified...

As we wait for the votes to be counted, and perhaps recounted, in some key states, we’ve gotten some questions...

Update: Watch our analysis from the morning after the election here. As of midnight EST, the 2020 presidential election remains...

A year ago, anyone who looked at the map of Senate seats up in 2020 would have concluded that Democrats...

Since the dark days of March and April, I have remained steadfast in looking across the valley to better times...

It seems every week we see articles presenting opposite views on value investing: “Value investing is dead” vs. “Valuation differences...

Fixed income markets have seemingly come full circle thus far in 2020. The combination of swift monetary and fiscal policy,...

Ask just about any investor about innovation, and the first word that comes to their mind will likely be “technology.”...

I’ve been on my soapbox lately demonstrating that history suggests that elections do not mean nearly as much for equity...

As a relatively small and often overlooked asset class, convertible securities rarely make headlines. However, the asset class has received...

In mid-June, we began cautioning that the high-velocity, v-shaped recovery in stocks from their March lows was producing tactically overbought...

I was recently giving my usual spiel to clients about the importance of staying the course with their investments throughout...

I was talking with my mom on the phone recently. Like many families, we haven’t been able to visit in...

August brought relatively stable midstream equity prices despite continued upward momentum in commodity prices. Quarterly earnings season concluded, the first...

Macro update We believe the global economy is healing, and we expect its upward growth trajectory to continue for the...