- Mar 10, 2021
- 2 min
Introducing Astoria's Large-Cap Value Stock Portfolio
Since July 2020, Astoria has argued that the US economy is in the early stages of a new, powerful economic cycle (click here). When Astoria was on CNBC TV back in June 2020, we voiced our inclination towards value-oriented stocks (click here). We’ve recently put together a new quantitative stock basket geared towards US Large-Cap Value stocks. We view this as a higher-octane strategy for clients with higher risk tolerances. We also think investors can use this basket to hedg
- Mar 5, 2021
- 5 min
What does a rise in interest rates mean for your portfolio?
The yield on the 10-year US Treasury recently touched 1.6%, its highest level since the COVID-19 shutdown. Why are rates rising? 1) economic data is improving, and 2) the market is optimistic about the reopening of the global economy. Are rising rates bad for your portfolio? Our view (which I believe is different from others) is that rising rates should not be bad for your portfolio if you are properly diversified. Meanwhile, market pundits are arguing that it is a doomsday s