Posts by Todd Hurlbut - CIO

Does the traditional 60/40 stock and bond allocation have a future? Over the last 40 years, bonds have been in a long-term bull market, as bond prices have risen while yields have fallen. Persistently lower interest rates over four decades have not only boosted bonds but have also acted as a tailwind to asset classes. Read More

Never in the history of the world has there been more information available at the stroke of a keyboard on health and fitness than now, yet we have never been more out of shape. For many reasons, the gap between knowing what to do and doing it can be challenging to traverse. The same is Read More

We are all influenced by early experiences in our careers. I think in the financial services industry this rings especially true. I joined Salomon Smith Barney’s (SSB) Private Client Group in the Fall of 1999 and began the training program that would last nearly six months. My first month as a Financial Advisor at SSB Read More

The S&P 500 rebound from the March lows has been extraordinary by any measure but is it sustainable? Healthy, sustainable bull markets in stocks require broad participation, that is, most stocks should be participating in the uptrend. How does the current market breadth compare historically and what does it say about the health of the Read More

Since I began my career in the late 1990s, there has been persistent chatter from goldbugs and others predicting that a return to sharp inflation is always just around the corner. In the years after the dot com bust, inflation picked up as the Federal Reserve cut interest rates to stimulate the economy. However, following Read More