Benchmark Review & Monthly Recap, May 2019
June 4, 2019Trade Concerns Trip Up Markets Highlights: The S&P 500 Index entered May near an all-time high, but a deterioration in trade…
Read MoreTweets, Threats and Tariffs: Global Markets React
May 14, 2019The trade negotiations that were supposed to be going so smoothly suddenly erupted into a storm of tweets, threats, tariffs and…
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Benchmark Review & Monthly Recap, April 2019
May 1, 2019Market Momentum Continues Highlights: Equity market gains continued in April following one of the best first quarters in years. The S&P…
Read More1Q 2019 — Value and Quality Characteristics Remain Solid in All Cap
April 18, 2019For the first quarter of 2019, the Navigator® All Cap strategy had a gain of 9.81% gross (9.01% net) versus a…
Read More1Q 2019 — Small Cap Rallies with Value and Quality
April 16, 2019For the five years ending March 31, 2019, the Navigator® Small Cap Core U.S. Equity strategy delivered annualized gains of 7.49%…
Read More1Q 2019 — International Equity Continues to Shine in 2019
April 16, 2019The Navigator® International Equity/ADR strategy delivered annualized gains of 5.98% gross (2.85% net) vs. the gains of 2.57% for the MSCI…
Read More1Q 2019 — SMID Steady as Russell 2500 Gallops Ahead
April 16, 2019Since inception, the Navigator SMID Cap Core U.S. Equity strategy delivered annualized gains of 11.67% gross (8.39% net) vs. 10.34% annualized…
Read More1Q 2019 — Slower Bad, Slow Good
April 16, 2019In last quarter’s commentary entitled “Ignore the Deafening Noise” I urged readers to focus on the likely future of Fed policy and economic activity at the expense of the media’s obsession with the current flattening of the yield curve,
Read MoreAnother Arrow in the Quiver for California Investors: Taxable Municipal Bonds
April 16, 2019A more dovish pivot from the Fed has helped extend a fixed income rally that began in the latter part of…
Read More1Q 2019— Growing Late Cycle Concerns: V-Shaped Decline and Recovery
April 16, 2019After a brief but stunning fourth quarter 2018 decline, markets staged a fierce comeback in the first quarter. It all started…
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