Buy In May & Go Away

A popular market adage suggests investors would be well-served by giving their portfolios a summer vacation.  As the outlook for the economy continues to be positive, with most predictions of recession at least a year away, is now the time to get in? 

ACG discusses the reasoning and tactics of both "Sell in May" and "Buy in May." 

Opportunity Knocks?

The 2017 Tax Cuts and Jobs Act created a tax incentive for Qualified Opportunity Fund (QOF) investors in order to promote investment in specified Qualified Opportunity Zones (QOZs).  Though the basic provisions of the tax incentive are known, the rules remain unclear and regulatory risks persist. 

ACG examines the tax benefits, rules and regulations, and the social costs/benefits of investing QOZs. 

Inflation Is Quite Misleading on Average

More subtle than shocks to growth or interest rates, inflation is often an underappreciated risk to portfolios.  Inflation becomes a problem when it is unexpected or very high, with negative implications for consumers, business, and markets.

ACG illustrates the complications of measuring inflation, the role, history, and approach of the Federal Reserve, and investor strategies going forward.