Your assets should be a source of security, not anxiety.
You can’t manage risk by ignoring reality. We see unsustainable public and private debt levels, declining supplies of natural resources, governments and central banks creating new money at record paces, all as major economic risks. This financial fragility is amplified by environmental stresses, pandemics and natural disasters of massive consequence.
We believe these factors will drive volatility for the foreseeable future. Fortunately, when you base an investment strategy on real data and rational analysis of both the current dynamics and instructive historical cases, it’s possible to chart a risk-managed investment course to protect assets and pursue reasonable long-term growth.