Q3 Commentary from Portfolio Manager Clement Chiang sheds light on the signs of fragility as markets adjust to the higher-for-longer interest rate narrative.
Late Cycle Musings
2023-08-11, Clement Chiang
Musings on current conditions, potential implications and how different scenarios present opportunities for disciplined long-term investors.
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The Waiting Game
2023-04-14, Clement Chiang
Monetary policy works in long and variable lags, meaning it takes time for the effects of higher rates to become clear.
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In The Later Innings
2022-12-09, Clement Chiang
We believe caution is warranted, especially if central banks continue pressing ahead with their rate tightening agenda.
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That History Rhymes Quote
2022-07-22, Clement Chiang
Each market cycle is unique, but similarities emerge. Our process helps us navigate market ebbs and flows while positioning for attractive opportunities.
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And Another One
2022-04-22, Clement Chiang
A 50bps rate hike is unusual and validates the zeal with which Governor Macklem wants to normalize monetary policy as quickly as possible.