{"id":1880,"date":"2018-11-29T20:44:32","date_gmt":"2018-11-30T01:44:32","guid":{"rendered":"http:\/\/laplaceinsights.com\/?p=1880"},"modified":"2019-04-03T19:54:35","modified_gmt":"2019-04-03T23:54:35","slug":"columbus-strategy-report-december-2018-edition","status":"publish","type":"post","link":"https:\/\/laplaceinsights.com\/fr\/columbus-strategy-report-december-2018-edition\/","title":{"rendered":"Columbus Strategy Report \u2013 December 2018 Edition"},"content":{"rendered":"<p>Below you will find the Columbus strategy highlights for this month.\u00a0 For more insights and a detailed discussion, including to get the monthly portfolio allocations, please <a href=\"http:\/\/laplaceinsights.com\/fr\/mp-files\/2018-11-29_columbus_rebalance_report.pdf\/\" target=\"_blank\" rel=\"noopener noreferrer\">download the report<\/a>.<\/p>\n<h2>&#8220;Just Below&#8221; Neutral<\/h2>\n<ul>\n<li>Fed chairman Powell ignited a stock market rally yesterday when he said interest rates are &#8220;just below&#8221; neutral.<\/li>\n<li>Meanwhile, the global economy is slowing down and trade tensions are still high.<\/li>\n<li>It has become clear that the economy is now more influenced by geopolitics and trade talks than by corporate earnings. The implications of this is a volatile and neurotic market.<\/li>\n<li>Columbus currently stands with a YTD loss of -3%, ahead of its world allocation benchmark (GMWAX, down -4.8%) and slightly below our 60\/40 balanced fund benchmark (VSMGX, down -1.4%).<\/li>\n<li>The Columbus allocation for December is similar to November&#8217;s, with an emphasis on the dollar, short term treasuries and real estate.<\/li>\n<li>This is the time to be defensive and not take undue risks. Section 6 and Figure 2 in the report tells the story.<\/li>\n<\/ul>\n<p>To learn more on how Columbus navigates this market, please <a href=\"http:\/\/laplaceinsights.com\/fr\/mp-files\/2018-11-29_columbus_rebalance_report.pdf\/\" target=\"_blank\" rel=\"noopener noreferrer\"><strong>download the report<\/strong><\/a> and read the discussion in section 6.<\/p>\n<p>Please don&#8217;t hesitate to <a href=\"http:\/\/laplaceinsights.com\/fr\/contact\/\">contact me<\/a> should you have any questions.<\/p>\n<p>Best regards,<\/p>\n<p>Jean-Marc and the Laplace Insights team<\/p>","protected":false},"excerpt":{"rendered":"<p>Below you will find the Columbus strategy highlights for this month.\u00a0 For more insights and a detailed discussion, including to get the monthly portfolio allocations, please download the report. &#8220;Just Below&#8221; Neutral Fed chairman Powell ignited a stock market rally yesterday when he said interest rates are &#8220;just below&#8221; neutral. Meanwhile, the global economy is [&hellip;]<\/p>","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"default","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"default","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[12],"tags":[],"_links":{"self":[{"href":"https:\/\/laplaceinsights.com\/fr\/wp-json\/wp\/v2\/posts\/1880"}],"collection":[{"href":"https:\/\/laplaceinsights.com\/fr\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/laplaceinsights.com\/fr\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/laplaceinsights.com\/fr\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/laplaceinsights.com\/fr\/wp-json\/wp\/v2\/comments?post=1880"}],"version-history":[{"count":5,"href":"https:\/\/laplaceinsights.com\/fr\/wp-json\/wp\/v2\/posts\/1880\/revisions"}],"predecessor-version":[{"id":2237,"href":"https:\/\/laplaceinsights.com\/fr\/wp-json\/wp\/v2\/posts\/1880\/revisions\/2237"}],"wp:attachment":[{"href":"https:\/\/laplaceinsights.com\/fr\/wp-json\/wp\/v2\/media?parent=1880"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/laplaceinsights.com\/fr\/wp-json\/wp\/v2\/categories?post=1880"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/laplaceinsights.com\/fr\/wp-json\/wp\/v2\/tags?post=1880"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}