In one of the most volatile markets in decades, active fund managers underperformed again

The paintings of former hedge fund manager Nelson Sayers visually represent the volatile trading algorithms he used on Wall Street. This is titled, “VIX Over 40.” VIX Volatility Index reading above 40 historically precedes massive market losses Source: Nelson Cyrus If ever there was a year in which active management was supposed to have outperformed … Read more

Earnings results so far show companies are effectively navigating supply issues and rising costs

In the middle of the third-quarter earnings season, there are two main catalysts: Demand is strong. Cost inflation and supply chain issues are the main headwinds, but companies are learning how to navigate them. In some cases, supply chain disruption has caused huge losses. Apple CEO Tim Cook said supply chain problems have cost the … Read more