A HEDGE IS NOT INSURANCE AGAINST LOSSES The effectiveness of the hedge and degree of downside risk mitigation varies with market conditions. The Defined Risk Strategy can and does have periods of losses.
– Insights & More –
“Irrational Exuberance” Revisited
Today, the equity markets are displaying many of the same worrying traits that Shiller identified in 2000. Examine which factors that drove “irrational exuberance’ 22 years ago are still relevant today and identify new risk investors need to consider.
Uncertainty abounds concerning persistent impacts of the war on commodity and energy markets, as well as, the underlying headwinds for the US economy. Our hedged equity approach may help investors navigate these uncertain times.