Adam M. Gross

Volatility of the market on the mind? Learn how you can manage stock price fluctuations, generate better returns and more in the article linked below. https://lnkd.in/eWgVtP2g #CitizensColleague #MarketVolatility #WealthManagement

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In the latest edition of Barron's, long-tenured Associate Editor Randy Forsyth writes: “Bond investors of a certain age will recall that the Treasury 30-year bond yield briefly touched 14% 40 years ago this past week. While the all-time record of about 15% was hit in September 1981, the 14% yield was more valuable, given that inflation by 1984 was in retreat from the double digits of the late 1970s and early ‘80s, to 4%. That meant a real return of 10% from a risk-free government security, more than stocks have returned historically. […] This was the turning point for the generational decline in yields, observed Jeffrey Gundlach.” And likewise supplied the fuel for a generational increase in equity prices, which had previously languished during the high inflation of the 1970’s until tamed by Fed Chairman Paul Volcker. We didn’t know it in real time, but on reflection the ensuing four decades were halcyon days, and the “easy money” was long duration and long beta. No more. Need new ideas. Fresh perspectives. Outcomes not benchmarks. .

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As we have alluded to before, a smooth sea never makes a skilled sailor, and markets have been anything but smooth as of late. Contributing to the rough seas this go-around is uncertainty in federal reserve policies, ongoing geopolitical tensions, global economic concerns, and a lack of general market sentiment involving corporate earnings and growth expectations. With these factors causing markets to whipsaw, a well-balanced approach to investing, helmed by seasoned market veterans, may help to right the ship and mitigate portfolio volatility. As volatility has found its way back to markets and seems likely to stay, HedgeWeek notes that hedge funds have found their way back to popularity with allocators, having hit record asset levels through midyear. However, not all hedge fund strategies are created equal, as investors have indicated that a particular strategy is more attractive than others: multi-strategy hedge funds. Learn more about this strategy in our latest insight: https://lnkd.in/exk_dK8i For registered investment advisors only. IMPORTANT DISCLOSURE: https://lnkd.in/e3VJtU2Q

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In this month’s First Eagle Alternative Credit update, Portfolio Manager and Senior Alternatives Strategist Larry Holzenthaler explains how repricing drove spread compression in 2024 and where the team is seeking relative value while keeping overall credit quality at fairly prudent levels. https://bit.ly/3DwAiiY

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What are the key factors impacting your portfolio in 2025? Join Capital Group’s Mike Gitlin and Jody Jonsson as they assess the evolving investment landscape and identify opportunities for the year ahead. bit.ly/41Xq3yj To earn 1 hour of #CEcredit for CFP and CIMA designations and receive materials, visit CapitalIdeasWebinars.com #CapitalIdeas Important disclosures: bit.ly/3PnuIlT

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What are the key factors impacting your portfolio in 2025? Join Capital Group’s Mike Gitlin and Jody Jonsson as they assess the evolving investment landscape and identify opportunities for the year ahead. bit.ly/41Xq3yj To earn 1 hour of #CEcredit for CFP and CIMA designations and receive materials, visit CapitalIdeasWebinars.com #CapitalIdeas Important disclosures: bit.ly/3PnuIlT

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December indigestion caused by the Federal Reserve's comments today? The S&P was humming along until the FOMC cut 25 bps as expected, and the changes to the statement were trivial (although the vote to cut wasn’t unanimous). Chairman Powell wasn’t a reassuring voice at this meeting, and the market’s confusion led to hawkish projections and speculations for 2025. The S&P 500 closed at the day's lows, -3%. Capital flow was heavy at 145%. Today's move lower in the stock market was significant. We’re below the 50-day moving average for the first time since September. We’re not oversold (yet), and we’re (only) back at mid-October levels. From a technical standpoint, the rest of December should be a race for the exits….but dip-buyers will (most likely?) do their thing. It's worked for the last 12+ years, so why stop now? Considering today’s drop is rooted in a market unprepared for a Fed that wasn’t gung-ho with spiking the punch bowl a lot more, it could mean that once investors relax and think, they won’t believe this is all that bearish. If that’s the case, watch for an enjoyable bounce back. In summary, the fundamental landscape isn’t radically altered; however, the emotional landscape temporarily is.

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In the latest edition of Research Viewpoints, Oppenheimer Asset Management’s Consulting and Alternative Investment teams share their view that while mega-cap stocks appear extended, there may be opportunities in what they find to be reasonably valued segments like large cap value, small cap equities, core fixed income, and diversifying strategies. Read about this and more in our latest edition.

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After April’s volatility, you won’t want to miss the latest Straight Talk. Join Brad Rutan and Equity Portfolio Manager Nevin Chitkara as they explore: - Current market environment - Importance of downside risk management - Understanding what you own bit.ly/3wkoflS.

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Once considered the unpopular and neglected counterpart to men's leagues, women's sports now draw a new, profitable fan base. The excitement has been predominately centered around women’s basketball and soccer, which have shifted from being mainly grassroots-driven to attracting significant commercial investments. The Women's National Basketball Association (WNBA) is anticipated to reach revenues of up to $200 million this year, doubling its 2019 figures. Additionally, the National Women's Soccer League (NWSL) saw a 33% year-on-year revenue increase in 2023. While the valuations of men's professional teams continue to rise, the commercialization of women's professional sports is in the early innings and has the potential to achieve extraordinary success. Learn more about the commercialization of women’s sports in our latest insight: https://lnkd.in/ePH8n-rF #paris2024 #womensports #prosports #privateinvestments #olympics For financial advisors only. IMPORTANT DISCLOSURE: https://lnkd.in/e3VJtU2q

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An excellent reminder about the benefits of multi-manager investing from Megan Roach, CFA. Multi-manager, multi-style investing is not a new idea. It’s the way institutional investors, such as defined benefit (DB) plans, have been investing for decades. DB plans would never invest all their assets with one underlying investment manager – especially across asset classes, but not even within asset classes. This is a lesson learned long ago by many large defined contribution investment committees, and a strategy that should be considered by plans of all sizes. Happy National 401(k) Day! #National401kDay #401k #definedcontribution #DC #retirement #savings

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Looking for insights that could sharpen your investment strategy heading into 2025? Join PIMCO experts Libby Cantrill, Head of Public Policy and David Hammer, Head of Municipal Bond Portfolio Management at #SchwabIMPACT®️ on November 20 for an in-depth analysis of how U.S. presidential election results may affect policy, taxes, and municipal bonds.

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Private market growth in recent years has been remarkable. Bernstein experts think there's more to come. Learn more in the mid-year outlook:

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Marathon Asset Management’s Opportunistic Credit team has seen a strong pick up in Liability Management Excercises (LME) by companies to de-lever by exploiting weak debt covenants, and avoid the costly bankruptcy process, while receiving a new money capital solution deal from an opportunistic credit investor. Creative Capital Solutions can help support businesses in growing into their capital structure and navigating a period of uncertainty.

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There is no escaping Ozempic and Wegovy. Diabetes and obesity drugs are global phenomena. They've won over the rich and famous, generated billions in sales, and blown open a new market for weight-loss drugs, which Goldman Sachs estimates will reach $100 billion annually by 2030. Investors are closely eyeing the potential implications of obesity medications on the food industry, despite the early stages of their widespread adoption. Thus, investors are closely tracking these developments, anticipating how shifts in consumer behavior driven by pharmaceutical interventions could reshape market dynamics and present challenges and opportunities in future years. Learn more in our latest insight: https://lnkd.in/eM36Rb5w #ozempic #wegovy #marketrends #privateinvesting #alternativeinvesting #hedgefunds #biotech #pharma #innovation For registered investment advisors only. IMPORTANT DISCLOSURE: https://lnkd.in/e3VJtU2Q

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What is Power-to-X and how can it fill the gaps in the renewable energy journey and help technologies extend into new sectors in the future? Read our latest digital article. #nuveeninfra

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My latest piece on what to expect at the September FOMC meeting. #fed #federalreserve

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