Archive for March, 2014

Financial Times – 3/3/14

March 18, 2014  |   Financial Times,In the News   |     |   0 Comment

“We have to see an uptick in economic activity,” says Steven Boyd, principal at Halyard Asset Management, who thinks bond yields are too low. “I think we will see a bounce back in the economy. If we don’t, then the bond market will be proven right.” Neck-and-neck rally for US stocks and bonds

Financial Times – 3/2/14

March 18, 2014  |   Financial Times,In the News   |     |   0 Comment

“If we see the economy bounce back and grow near 3 per cent, the S&P can rise further,” said Steven Boyd, principal at Halyard Asset Management. He said the greater use of margin debt was a sign of confidence that the recent soft tone in data are attributable to cold weather and that pent up demand will drive a rebound in the coming months. Mr Boyd said the record use of margin would be a concern ...

February 2014 – Monthly Commentary

March 18, 2014  |   Monthly Commentary   |     |   0 Comment

February 2014 Unlike the wild swings witnessed in January, capital markets were relatively calm in February with the yield of the 10-year and 30-year Treasury securities effectively unchanged for the month.  Similarly, equities reversed the selloff suffered in January and early February, ultimately posting a year to date total return of 0.94% through the end of the month. On February 19th, the Federal Reserve released the minutes of the January Federal Open Market Committee meeting, the first ...