Avoid HY Credit: Astoria on CNBC
Astoria is fortunate to be a contributor to major media outlets such as CNBC. This week, Astoria’s CIO, John Davi, appeared on CNBC to discuss HY Credit and Bitcoin. You can watch the various interviews by clicking below: High Yield Credit segment (click here) Bitcoin segment (click here) Full interview (20 minutes; click here) Avoid bonds like the plague. Inflation is the death of bonds. There is too much bond supply, and nobody is stepping up to buy them. The 10 year is hea
Risk Cuts Both Ways
Part of my job as a CIO for Astoria Portfolio Advisors is to Identify market trends Alert clients of these trends Suggest ways to benefit, protect, or diversify one’s portfolio If I identified a trend and suggested to clients to act on my premise only once, I do not think I would get much traction. Hence, I must constantly repeat myself. Well, ever since I was a young kid, I was told that I tend to repeat myself. I must have been destined to be a CIO since I was a kid! Anyhow
