361 Capital portfolio manager, Blaine Rollins, CFA, previously manager of the Janus Fund, writes a weekly update looking back on major moves, macro-trends and economic data points. The 361 Capital Weekly Research Briefing summarizes the latest market news along with some interesting facts and a touch of humor. 361 Capital is a provider of alternative…

Ben Inker (GMO): To investors focused on U.S. equities, it may be easy to forget the investing excitement of this spring, but for others, particularly anyone running a portfolio predicated on asset class correlations being low, this has been a pretty shocking couple of months. From May 22 to June 24, the S&P 500 lost 5.6%, MSCI…

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I spent the first half of the year and (plenty of last fall) debating the prospects of a Great Rotation with the naysayers. Many of the doubters were those who work in credit trading or bond management – they did not want the good times to end and this bias clearly colored their arguments (and…

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So you want to ride the rallies and sit out the corrections, repeating again and again until your drawdown-free positive returns pile up to the rafters? Be my guest, cowboy. But just know that the list of all-time great market-timers is pitifully short.  Given how many professionals and amateurs attempt to sell tops and buy…