Investing with coronavirus

Coronavirus And The Market

A careful reading of Pinnacle’s fourth quarter investment review will find no mention of a pandemic that would, within a matter of weeks, create the conditions for a global recession. The necessary closing of economies around the world has resulted in the first ever recession by proclamation, where market participants everywhere and at the same…

Returning To Neutral: Market Outlook

The second quarter of 2019 brought more gains for investors, with the S&P 500 Index hitting a new record high of 2,954 on June 20th in the process. While impressive, in order to get there, market participants had to endure yet another bout of volatility, including a swift correction in May. Developed international stocks also…

What Is Neutral Volatility?

The Pinnacle investment team has been working diligently for the past eight weeks to gradually move our managed portfolios to a neutral asset allocation. This leads to the question, what the heck is a “neutral” asset allocation and why should I care? Interestingly, a large percentage of the traditional investment world (by traditional, I mean…

Twilight Zone Redux: A Market Review

The third quarter saw mixed performances across the major asset classes. Large cap U.S. stocks surged, developed international equities and U.S. bonds were flat, while emerging market equities and commodities experienced modest losses. The clear winner for the quarter and year to date has been the U.S., as domestic investors have been rewarded with sizable…