The MercadoLibre Paradox
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Over the past five years, MercadoLibre has grown both revenue and profit dramatically — yet its stock price has gone nowhere. Could this be an opportunity?
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Insights Blog
News, insights and thought leadership from the City Different team.
The MercadoLibre Paradox
What Investing Can Teach Us About March Madness
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We've officially entered my absolute favorite time of the sports calendar year. As millions of others around the country have done this past week, I sat down to fill out my bracket for the annual Van...
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Are Treasuries Still Safe?
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Since April, I've had a lot of conversations about whether Treasuries are still a viable safe haven investment. After “Liberation Day,” 10-year Treasuries sold off by ~50 basis points, creating a...
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FIXED INCOME MARKET INSIGHTS 10/17/22
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WEEK ENDING 10/14/2022 Highlights of the week: CPI well ahead of consensus and sticky inflation guarantee a November rate hike, with another potential hike in December. Probability of recession in...
FIXED INCOME MARKET INSIGHTS 10/10/22
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WEEK ENDING 10/07/2022 Highlights of the week: Hurricane Ian beat up Florida. On the whole, state and local governments are coming into the economic slowdown with solid finances. The Federal Reserve...
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Investment Holding Profile: FTI Consulting
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Investment Holding Profile: FTI Consulting (FCN) It’s easy to get caught up in the extreme headlines of short-term market volatility. But it’s important to remember that when you buy a stock, you...
FIXED INCOME MARKET INSIGHTS 10/3/22
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WEEK ENDING 9/30/2022 Highlights of the week: The quest for a new terminal rate Global economic uncertainty led by the UK Quick review of the Municipal Market rate changes
FIXED INCOME MARKET INSIGHTS 9/26/22
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WEEK ENDING 9/23/2022 Highlights of the week: The Federal Reserve raised targeted short-term rates by 0.75% for the third time in 2022. Fixed income and equity markets take it on the chin. Are they...
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Investment Holding Profile: Carlisle Companies
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It’s easy to get caught up in the extreme headlines of short-term market volatility. But it’s important to remember that when you buy a stock, you don’t own a ticker, you own a piece of a business....
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Investment Holding Profile: Assured Guaranty
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In volatile times like these, it’s easy to get caught up in extreme headlines. You may feel yourself obsessing over the big day-to-day jumps in the market or your own investment portfolio. But trust...
FIXED INCOME MARKET INSIGHTS 9/12/22
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WEEK ENDING 8/9/2022 Highlights of the week: • The Federal Reserve is committed to fighting inflation. • Higher interest rates coupled with higher volatility makes for a tempting combination. •...
FIXED INCOME MARKET INSIGHTS 8/29/22
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WEEK ENDING 8/26/2022 Highlights of the week: The Federal Reserve’s Volcker-like message in Jackson Hole dominates the market. Net shorts for US Treasury 2-years, 5-years at highest levels reflecting...
FIXED INCOME MARKET INSIGHTS 8/22/22
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WEEK ENDING 8/19/2022 Highlights of the week: Impact of Quantitative Tightening by the Federal Reserve – it’s complicated. Jackson Hole to determine the fate of the markets. Oil futures differ from...
The Central European Investment Landscape
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We’re all aware of the challenges investors face here in the States, but what about the rest of the world? City Different Investments portfolio manager Vin Walden recently traveled to Slovakia to...
FIXED INCOME MARKET INSIGHTS 8/15/22
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WEEK ENDING 8/12/2022 Highlights of the week: Overall, a quiet week in the fixed income markets. Inflation releases were below estimates. Federal Reserve officials continue to sing a hawkish tune.
FIXED INCOME MARKET INSIGHTS 8/8/22
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WEEK ENDING 8/5/2022 Highlights of the week: The July jobs report threw a monkey wrench (not to be confused with monkeypox) into the recession debate. Four Federal Reserve officials came out in favor...
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An ESG Debate
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Interest in ESG investing surged following the pandemic. While the term ESG (environmental, social, and governance) has been around since the early 2000s, something about the “Great Resignation” and...
FIXED INCOME MARKET INSIGHTS 8/1/22
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WEEK ENDING 07/29/2022 Highlights of the week: Second-quarter GDP is negative, but are we in a recession? Federal Reserve increases short-term rates by 0.75%. The four most dangerous words in the...
Maintaining Balance In Your Equity Portfolio
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One of the things that makes City Different Investments, well, different is our principled investment approach. We are doing a series of articles looking at the three tenets of our equity investment...
FIXED INCOME MARKET INSIGHTS 7/25
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WEEK ENDING 07/22/2022 Highlights of the week: Big News Week Upcoming — Earnings, Federal Reserve, and Pricing Data A Pullback in the Earnings Estimate Are We in a Recession?
FIXED INCOME MARKET INSIGHTS 7/18
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WEEK ENDING 07/15/2022 Highlights of the week: Hot inflation! Choose-your-flavor - headline CPI or PPI Y/Y. Both beat expectations, along with core inflation. Just when your think COVID-19 is in the...
FIXED INCOME MARKET INSIGHTS 7/11
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WEEK ENDING 07/08/2022 Highlights of the week: Nonfarm payrolls increased by 372,000 in June. The consumer price index might hit an all-time high when its June report is released this Wednesday....
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Market Timing: A Loser's Game
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How has the equity team at City Different reacted to the market downturn and all this talk of recession? The short answer - we haven't. We believe market timing is a loser's game. If you have a...
FIXED INCOME MARKET INSIGHTS 6/24
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WEEK ENDING 06/24/2022 Highlights of the week: In his semi-annual testimony before Congress, Chairman Powell was resolute in the Fed’s desire to tame inflation. The stock market rallied for the first...
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FIXED INCOME MARKET INSIGHTS
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WEEK ENDING 06/17/2022 Highlights of the week: Surprise. The Federal Reserve announces a 75-bps increase. The Fed's desperation rings recession alarms. President Biden's approval rating falls lower...
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Women in Finance
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Finance is a results-driven field. Leaving women out is leaving money on the table. You all know the stereotypes about the finance industry: It’s a bunch of high-achieving types, pinstripe suits,...