US Preferred Securities: Unique Characteristics from a Bramshill Perspective
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US Preferred Securities: Unique Characteristics from a Bramshill Perspective

With interest rates around the world at or approaching all time lows, income investors have an obvious motivation to look beyond their customary areas of market concentration. From its perspective as an unconstrained income investor, Bramshill believes that the U.S. market in preferred securities is quite compelling compared to most alternatives.

Oct 22, 2019
Trump Vs. Powell Update, Round 4,  Trump TKO?

Trump Vs. Powell Update, Round 4,  Trump TKO?

With the Fed effectively removed into their corner, the markets have been free to march back to their 2018 highs. In our opinion, we currently find ourselves in a rangebound market. If given a correction, we remain in the camp that the US remains a good place to deploy risk. GDP, while slowing in rate of change terms, isn’t falling precipitously. Reduced regulation and programs such as Opportunity Zones are essentially just getting started and will work towards bringing fresh capital towards blighted areas of the country. Our optimism is tempered by the fact that we are seeing wage inflation start to take hold which is always a late cycle occurrence. This should keep earnings margins, EPS and market multiples in check generally.

Apr 18, 2019
Trump Vs. Powell Update, Round 3

Trump Vs. Powell Update, Round 3

Round 3 of the Trump vs Powell battle officially kicked off at the December FOMC meeting and the increasingly more important, Q&A session thereafter. Through Chairman Powell’s word choices, he delivered a devastating blow to risk assets and damaged Fed credibility in the process.

Jan 04, 2019
Trump Vs. Powell Update, Round 2

Trump Vs. Powell Update, Round 2

A few months back we spoke mentioned a major battle we felt was going to heat up in the back half of 2018. In sum, we felt the battle between the market forces of the policies the two men were espousing was then even-handed. We cautioned however that it was just the beginning and that “the momentum is changing. Powell’s forces are beginning to show signs of overpowering the president’s policies.”

Oct 12, 2018
Q&A with Bramshill Investments: Addressing Liquidity Concerns
Q and A with Bramshill
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Q&A with Bramshill Investments: Addressing Liquidity Concerns

Bramshill Portfolio Managers, Art DeGaetano and Derek Pines, answer investor questions about liquidity concerns in the fixed income market.

Sep 05, 2018
Trump vs. Powell

Trump vs. Powell

One major battle we are watching closely in the second half of 2018 is the epic tug of war playing out between the economic forces of the competing actions taken by President Donald Trump and Federal Reserve Chairman, Jerome Powell.

Jul 20, 2018
How will Interest Rates React to Commodity Price Inflation?
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How will Interest Rates React to Commodity Price Inflation?

Commodity price inflation continues to put pressure on interest rates. The team at Bramshill Investments discusses inflationary pressures, breakeven rates and what it all means for bond investors.

Jun 27, 2018
The End of TINA
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The End of TINA

The perception of cash as an asset class is changing and it could have massive implications for risk assets. The team at Bramshill Investments discusses why higher discount rates could lead to a repricing in equities and fixed income.

Apr 02, 2018
What if Bonds are NOT the Negatively Correlated Asset?
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What if Bonds are NOT the Negatively Correlated Asset?

What if bonds are not the negatively correlated asset? The team at Bramshill Investments discusses why February 2018 was a potential warning sign.

Mar 08, 2018
Is the “Great Rotation” Upon Us? RIAs Reassess Risk in Fixed Income

Is the “Great Rotation” Upon Us? RIAs Reassess Risk in Fixed Income

Bramshill Investments shares market insights on inflation risk and redemptions in fixed income. Is tactical active management a potential solution for RIAs?

Dec 15, 2016