On Wednesday, the Senate agreed on a $2 trillion stimulus package to mitigate the effects that COVID-19 will continue to have on the economy. This stimulus, in combination with actions the Federal Reserve took earlier in the week, caused financial markets to recover a small...
Last week we saw extreme market volatility continue while the S&P 500 lost about 8% of its value due to continued concerns regarding COVID-19 and the potential damage the coronavirus continues to cause on the global economy. While we hope the bad news will begin...
On February 28, we shared our thoughts on recent market volatility and the abrupt downturn in financial markets. While the numbers you’re seeing today appear shocking, our views on markets remain unchanged. Specifically, we are not surprised by this re-pricing of what we have continually believed to...
What are negative yielding bonds? Who in their right mind would invest in something that promises to return less money than it cost? Do I have these in MY portfolio? Negative yielding bonds are more common than you may think, and investors should always be...
As part of our work with wealthy families, we frequently discover interesting and relevant content from the financial media. One recent article we think our clients might find particularly thought-provoking is Three Big Things: The Most Important Forces Shaping the World by Morgan Housel from...
When geopolitical events such as the current trade war create an environment of global uncertainty, investors often turn to gold as a hedge. However, a paper published by the Department of Economics at the University of Pretoria claims that Bitcoin has joined gold among the...
Our work is so much broader than the balance sheet, and inevitably during the New Year season, we find ourselves discussing resolutions with families and industry colleagues – ours and theirs. These discussions are often speculative and rambling but usually yield excellent resources and best...
In the days leading up to Christmas, U.S. stocks reached record highs while trading was light. The Dow Jones surged during the start of the holiday week and the S&P 500 increased for the eighth time in nine trading sessions to another record high. Furthermore,...
Here at Delegate, we strive to discover interesting and relevant content, and we believe there is no one better to share these findings with than our clients, colleagues and friends. As a result, we have compiled a list of our favorite books and podcasts below...
We are pleased to share that Delegate has been shortlisted for the Family Wealth Report Awards in the category of Best Multi-Family Office (from $2.5 billion to $5 billion AUM/AUA). This year marks the third consecutive year that Delegate has been a finalist and/or winner...