Know The Now – Navigating turbulence

In This Month’s Commentary: U.S. Yield Curve Steepening – How Likely is a Recession in the U.S.? The historical precedent is clear that yield curve steepening is followed by market volatility. We present a view on why this time is likely different. Asset Allocation – Part II: We wrap up our discussion on asset allocation and present moderate and aggressive model portfolios that handily beat the benchmark with lower volatility.