Capstone Blog.

Underpriced Risks

Full Bio Upside oil risks threaten to push cross-asset volatility higher Investors are signaling undue complacency about the outlook for energy markets Depleted oil inventories make crude markets vulnerable to any further supply or demand disruption An increase in oil market volatility

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Solving the Inflation Puzzle

Full Bio Solving the Inflation Puzzle The puzzle preoccupying financial markets today is the outlook for inflation. Globally, central banks are still haunted by previous periods of hyperinflation and deflation, and have adopted inflation targeting as their primary objective. They have flooded

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Falling Liquidity, Rising Shocks

Full Bio Falling Levels of Market Liquidity & Increased Volatility Shocks Broad market liquidity – the ease with which investors can buy or sell a security without affecting its price – has been in a downward spiral for more than 10 years.

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The market commentary contained herein represents the subjective views of certain Capstone personnel and does not necessarily reflect the collective view of Capstone Investment Advisors, LLC (“Capstone”), or the investment strategy of any particular Capstone fund or account. Such views may be subject to change without notice. You should not rely on the information discussed herein in making any investment decision. Not investment research.

The market data and financial instruments highlighted or discussed in these posts has been selected to illustrate Capstone’s investment approach and/or market outlook and is not intended to represent fund performance or be an indicator for how funds have performed or may perform in the future. Each illustration discussed in this document has been selected solely for this purpose and has not been selected on the basis of performance or any performance-related criteria.

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