Form ADV Part 3 CRS, October 2024
Download Form Client Relationship Summary Item 1: Introduction Sierra Investment Management, LLC (“Sierra”) is registered with the Securities and Exchange Commission as an investment adviser. The services offered and fees charged by an investment adviser differ from those of broker-dealers and it is important that you understand the differences. Free and simple tools are available […]
Form ADV Part 2 Brochure
Download Brochure MATERIAL CHANGES On October 1, 2024, Sierra Investment Management, LLC succeeded to the business of a registered investment adviser as a result of a change of Sierra’s legal structure and form of organization. Prior to October 1, 2024, Sierra operated under the incorporated entity Sierra Investment Management, Inc. Moreover, on October 1, 2024, […]
Sierra CIO on MarketWatch: More Stocks Taking the S&P Stage But Big Tech is Still Big Dog
A rally in Big Tech stocks received most of the credit for driving global markets higher this week. But in the U.S., they couldn’t have done it without a little help from their friends. As the S&P 500 SPX booked its best weekly advance since early January, one detail set this week apart: All 11 […]
James St. Aubin Tells MarketWatch What May Happen When Fed Loosens Quantitative Tightening
The notion that the Federal Reserve will soon slow, or perhaps even end, its program of quantitative tightening is increasingly being talked about on Wall Street like a foregone conclusion. But while investors wait to hear more on the subject from Fed Chair Jerome Powell during next week’s post-meeting press conference, they could be forgiven […]
James St. Aubin Shares Important Investing Lessons on Excess Returns Podcast
The hosts of Excess returns have now conducted over 100 interviews on their podcast. At the end of all of them, they have asked the same closing question: Based on your experience in markets and your research, if you could teach one lesson to the average investor, what would it be? In this episode, the […]
MarketWatch: In Wake of Nasdaq Losing Streak, Sierra CIO Says Investors Should Be Patient
The highflying technology stocks that drove much of the U.S. stock market’s advance in 2023 are struggling so far in 2024, with the Nasdaq capping off its longest losing streak since late 2022 on Thursday. Meanwhile, health-care stocks, utilities and energy stocks, which all finished 2023 in the red, have taken the lead this week, […]
MarketWatch Gets James St. Aubin’s Take on the “January Effect”
U.S. stocks capped off a wild 2023 with a two-month sprint that has carried the Dow to record highs and the S&P 500 index to within a whisker of a similar milestone. But after such a powerful advance, some portfolio managers and strategists are concerned that the market could suffer its own post-New Year’s Eve […]
Sierra CIO to Wall Street Journal: “Corporate Debt Markets Face the Most Acute Threat This Year”
Access to this article may require a subscription A resilient U.S. economy and cooling inflation fueled an intense year-end bond rally. Now, some suspect investors are too sanguine about the months ahead. The rally marked the latest in a series of swings that sent the yield on the 10-year U.S. Treasury, which falls when bond […]
St. Aubin to Schwab Network: “The Unknowns Need to Be Respected”
Historically, the end of monetary policy tightening cycles have been an attractive time to own bonds, notes James St. Aubin. He discusses the outlook for rate cuts in 2024. He talks about how investors should avoid getting too complacent about downside risk in the bond market. He then goes over how many rate cuts we […]
Reuters & St. Aubin: Powell’s ‘Balanced’ Outlook Invigorates Investors
The hosts of Excess returns have now conducted over 100 interviews on their podcast. At the end of all of them, they have asked the same closing question: Based on your experience in markets and your research, if you could teach one lesson to the average investor, what would it be? In this episode, the […]
