commodities

Financial markets and economies bounced in and out of a deep pothole in the first quarter of 2016

May 16th, 2016|by Michael Ashley Schulman, Perspectives, The Big Picture|

Golden Gate 20pct

Financial markets and economies bounced in and out of a deep pothole in the first quarter of 2016 and the stomach churning reverberations continue to be felt in some investor stomachs.  The underlying strength of the US economy, led by consumer spending, is […]

Investment Themes

April 6th, 2015|by Michael Ashley Schulman, White Papers|

By Michael Ashley Schulman, CFA,

Managing Director, Senior Portfolio Manager at Hollencrest Capital Management,

Note: A variant of this paper was first published in Chapman University, Argyros School of Business and Economics, The Investment Review, Volume 2, May 2015; click here to download a PDF.

A lot happens and changes […]

September was a headline grabbing month for investors

September 30th, 2006|by Michael Ashley Schulman, Perspectives, The Big Picture, Writers|

September was a headline grabbing month for investors.

  • Treasuries strengthened
  • Housing wilted further
  • Stocks strengthened
  • Commodities (including oil and gold) weakened
  • Some notable hedge funds had remarkable trouble

The financial market’s resilience bodes well for domestic equity and fixed income markets.

Treasury prices continued their rally, bringing benchmark yields to six month lows. The market has been buoyed by investor sentiment […]

People hope for a return of the Goldilocks economy

July 31st, 2006|by Michael Ashley Schulman, Perspectives, The Big Picture, Writers|

People are hoping for a return of the Goldilocks economy; not too hot and not too cold, but just right. The current US economy is irresolute: the Dollar is weak, high commodity prices have pushed reported CPI inflation up, stock market interest is shifting but not disappearing, general interest rates have risen, and credit markets […]