The events since 2/24/2022 (when Russia formally invaded Ukraine) have been astonishing and devastating. The resulting conflict, sanctions against Russia, and impact on businesses has become worse than anyone could have expected. The geopolitical intricacies of responses and the details of the economic sanctions remain to be seen, but the damage will likely be worse […]
Market Insight
3Q21 Newsletter: A late-quarter stumble, but the recovery continues
Global growth optimism weakened in late-3Q sending equity markets lower and Treasury yields higher. That said we continue to see opportunity for growth in the global economy in the intermediate term as supply chain bottlenecks and labor market imbalances reset and adjust for persistently higher consumer demand. Inflationary pressure and fiscal uncertainty remain the biggest […]
Private Credit Opportunities within a Holistic Alternatives Portfolio
Private market investments, a key component of an alternatives portfolio, can provide opportunities to generate non-correlated returns within portfolios and enhance overall portfolio risk/return, while still providing for meaningful upside. At Defiant Capital Group we believe alternative asset portfolios should be built holistically like any other asset class (e.g. equities), with one of the key […]
The housing market is hot, but a bubble isn’t likely
The housing market is on fire as home prices continue to rise, even as lumber costs come down. A quick look at the data behind this housing market suggests a strong consumer behind the demand, which leads us to believe a meaningful price correction in housing is unlikely. QUICK TAKE During the last housing bubble […]
Defiant Capital Group Founder & CIO Jonathan Dane featured on “Bridge to the Burgh” podcast
Defiant Capital Group Founder and Chief Investment Officer Jonathan Dane was recently interviewed by Brad Jones, CFA on the Bridge to the Burgh podcast. On it he discussed markets, Pittsburgh, starting Defiant Capital Group during a pandemic, and gave some advice for aspiring CFA Charter candidates. Listen to the full episode below, or on the […]
2Q21 Newsletter: Reopening momentum outweighs inflation as equity markets make new highs
Equity markets reached new all-time highs in 2Q as the global economy continued to reopen. With widespread global vaccine rollouts investors are now looking past COVID and its impact on markets. To that extent the key concerns now are easing policy support and lingering inflation. To date inflationary concerns have largely been ignored by investors […]