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Q2: A Recession for Long Duration Assets but a Secular Bull Market in Inflation Sensitive Assets


Click here to read Astoria's Q2 Investment Outlook

  • We’ve had plenty of growth scares over the past decade. This one is being driven by rates which are screaming higher.

  • We expect heightening volatility to be one of the main stories for the balance of 2022.

  • The spread between the 2-year US Treasury and the 10- year US Treasury is close to inverting. This has historically sent an ominous signal to the marketplace.

  • What does this mean for overall portfolio construction? We believe broadly owning a portfolio of diversified sets of asset classes, as well as owning multiple factors, inflation hedges, and alternatives will be paramount in 2022.

Best,

Astoria Portfolio Advisors



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