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Articles tagged with: bonds

Is this time different?

Is this time different?

Q1 2021 Market Review

Our office is buzzing with activity again and it feels like pre-Covid. Restaurants are open, sports events and concerts with crowds are happening, and we are even sitting in traffic jams again… life in Israel is indeed returning to normal.

We are not out of the woods just yet, however with a virus reproduction rate of 0.49 in Israel it seems that the end is in sight. Unfortunately, we cannot say the same for the rest of the world. Globally, the reproduction rate is 1.08, which means the virus is still growing 6 months after the announcement of the first vaccine and with over 670 million doses administered. Even in the USA, where the vaccine roll out has been reasonably good for such a large population, the reproduction rate is above 1. This mean that virus issues will continue to plague the world for at least 6 months to a year or more.

Throughout the Corona period, we have hosted numerous webinars via Zoom and have found this to be a major positive consequence. We recently held a webinar focused on Q1 2021 and current investment issues and you may follow the link to view it. For those who prefer to read, we will summarize the main points of that webinar here for you.

2020 to 2021 Market Insights

2020 to 2021 Market Insights

Goodbye 2020 – Welcome 2021

In Israel, we feel the mix of fear of growing virus numbers as well as the optimism from the roll out of the vaccine. We hope the vaccine will reach each of you as soon as possible and hope that in time those skeptical towards the side effects will be proved wrong. It's seems that most of our webinar attendees believe COVID will still be with us in 2021 and that most of them will get vaccinated. Let's get Corona behind us!

chart1Throughout Corona period, we have hosted numerous webinars via Zoom and have found this to be a major positive consequence of the virus. We recently held a webinar focused on 2021 key investment themes and you may follow the link to view it. For those who prefer to read, we will summarize the main points of that webinar here for you. During our webinar we asked the attendees to predict what will happen in the main issues discussed. Below you will find some more of the results.

2019 Markets Review

2019 Markets Review

2019 summary & 2020 predictions

2019 was a vindication year for the traditional asset management industry and asset allocators like us. Many skeptics sat on the sidelines in cash and missed the best year for returns we have had in a very long time. Our clients enjoyed excellent returns in both absolute and relative basis.

While 2017 was low positive and 2018 was negative, 2019 was very positive and brought the three-year returns comfortably into the annual targeted return range. This is the nature of the beast - market returns simply do not go in straight lines.

Our eyes now turn to 2020. As always, the crystal ball has its limitations and across our team we have slightly differing views for 2020. However, the consensus view is to remain faithful to our asset allocation principles.