Investment Program Summary
We deploy our tactical, rules-based process across asset classes and spectrums of risk.
Risk Matters: The Importance of Keeping Losses Small
The investment rate of return necessary to recover the loss or get back on your growth track is larger than the loss.
If you’re close to retiring or already retired, losing 20% of your money can make it really hard to bounce back.
Donor-Advised Fund Solutions
A simple, flexible and tax-efficient option to donate to your favorite charities.
Inheritance Checklist
If you are the heir to an inheritance, you may feel overwhelmed by the decisions ahead of you. Working with an independent financial advisor can be beneficial to you and your investments as you plan a course of action.
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 […]
