Posts by Genoa Asset Management

Written by Peter Baden, CFA, Chief Investment Officer Headlines of the Week “Life is so Uncertain” – Lyle Lovett “Hear I Am” Turning points in the market produce plenty of uncertainty and with it volatility. Let’s review, a few months ago the Fed was keeping rates low, buying bonds, and not

Written by Peter Baden, CFA, Chief Investment Officer Headlines of the Week The Federal Reserve Some Fed meetings are more important than others. The Fed meets next week and it promises to be an interesting meeting. With inflation readings the highest in decades, a confirmed chair, empty seats filled (or soon to

Written by Peter Baden, CFA, Chief Investment Officer Headlines of the Week US Bureau of Statistics - CPI “When demand exceeds supply, the price must go up!” Or so my Microeconomics 101 professor used to say. Let’s look at our current inflation situation through that lens. Spring 2020: Pandemic hits, we

Written by Peter Baden, CFA, Chief Investment Officer Sector Review With the Fed tapering and entering a new phase of the rate cycle, we anticipate increased volatility in the markets. With volatility comes opportunity to pick up bonds at good prices and improve our portfolios. We continue to like municipal bonds, improving

All in all, 2021 was a reasonable year. While the bond indices didn't show much strength, our hard work paid off and we had a good year. As we look into 2022, we expect another challenging year, but we are prepared for it. We are positioning our portfolios to take

Written by Peter Baden, CFA, Chief Investment Officer Headlines of the Week US Bureau of Statistics - CPI Retiring “Transitory”… Google "Define: Transitory" you get a quick definition: “not permanent”. Fed Chairman Powell stated this is what they meant by “Transitory”. However, scroll down a bit and Merriam-Webster definition is: “of brief