July 26, 2016—As a follow-up to Friday’s blog post, Oil and the Dollar and the Chicken and the Egg, we wanted to provide an update regarding the underlying supply/demand fundamentals within the oil market that shape our bullish view on the prospects for the commodity.Despite the recent decline in oil prices, we think the groundwork has been laid for a multi-year recovery.
July 22, 2016—Even the most casual observer could look at a chart of the U.S. Dollar (USD) and oil prices and quickly recognize that they appear to move in opposite directions fairly consistently. That inverse relationship is widely recognized yet little understood. Additionally, the strong relationship is a relatively recent phenomenon, becoming strong only after the year 2000.
In the July/August 2016 issue of our monthly flagship publication, we feature: On the Record by Chief Investment Officer Tony Roth, The way forward in a post-Brexit world.In Focus discusses Tipping points for emerging markets.Investment positioning, major themes, and asset class positioning updates.In this issue, Chief Investment Officer Tony Roth discusses the U.K.’s exit from the European Union (Brexit) and a range of events that may take place as a result.