Piton Investment Management

Happy Thanksgiving from Piton Investment Management! Celebrating Our Team This Thanksgiving, we want to take a moment to express our heartfelt gratitude to our amazing team. Your hard work, creativity, and dedication are the foundation of everything we achieve. Thank you for your unwavering commitment to excellence and for making our workplace a community we’re proud to be a part of. #FixedIncome #Markets #Investment #Thanksgiving2024

Looking ahead, we anticipate significant developments in the fixed income market as we transition toward 2025, particularly in light of the insights shared in our Q3 2024 Fixed Income Update and Outlook with our CIO, Brian Lockwood, CFA. “How do you see the fixed income market evolving as we approach 2025?” Visit Piton Investment Management’s website for the full Update and Outlook. https://lnkd.in/gqcY4iC2 #GlobalEconomy #EconomicData #MarketVolatility

Election on the Markets: Tariffs and Inflation | The new administration may focus on tariffs and immigration reform, raising questions about inflation risks. A strong dollar could offset inflationary pressures, but tariff policies might lead to increased costs. The Fed’s independence in policy-making remains vital amidst these discussions. 🌐 Explore the complete Post-Election and Post-FOMC October 2024 Review on our website for a deeper analysis. #FixedIncome #BondMarket #InvestmentGrade

As we continue our discussion in Piton Investment Management’s Q3 2024 Fixed Income Update and Outlook, it's essential to connect with our investors on the issues that are shaping their decisions. “What topics have been of greatest interest to investors recently?” "Recently, investors have shown heightened interest in the yield curve disinversion—the first occurrence in two years—and its potential impact on bond portfolio strategies. Additionally, there’s a significant focus on identifying 'rich' and 'cheap' markets…" Visit our website INSIGHTS for the full discussion with Brian Lockwood, CFA, CIO of Piton Investment Management. https://lnkd.in/gqcY4iC2 #GlobalEconomy #EconomicData #MarketVolatility

Macro Takeaways: Election Results and Market Outlook | The recent election may have long-term implications for both equity and bond markets. With a pro-business stance expected from the incoming administration, markets may now pivot to economic fundamentals. The Fed’s neutral stance provides stability, but employment and inflation trends will be closely monitored. 🔍 Dive into our comprehensive Post-Election and Post-FOMC October 2024 Review on our website. #FixedIncome #BondMarket #InvestmentGrade

Breaking it down💡 As the deficit continues to rise, the sustainability of current levels is in question. Higher yields may soon be demanded by buyers wary of persistent overspending. While the Fed's policies have driven much of the recent curve-steepening, some of it may also signal a growing credit concern. With a united Congress, there’s potential for spending reforms—and who knows, maybe even a fresh perspective from visionaries like Elon Musk could help curb spending! 🔍 Find out more about these fiscal dynamics in our latest Post-Election and Post-FOMC October 2024 Review on our website. #FixedIncome #BondMarket #InvestmentGrade

In our Q3 2024 Fixed Income Update and Outlook with Brian Lockwood, CFA, CIO of Piton Investment Management, we turn our attention to the evolving landscape of corporate bonds. “How are changes in corporate fundamentals and credit quality influencing your outlook on corporate bonds?” Watch the full Update and Outlook on our website Insights. https://lnkd.in/gqcY4iC2 #GlobalEconomy #EconomicData #MarketVolatility

Federal Reserve’s Rate Cut | On November 7th, the FOMC announced a second consecutive rate cut, citing a balanced approach to economic goals. With a unanimous decision, the rate now stands at 4.5%-4.75%. Chair Powell emphasized the independence of the Fed’s policy decisions from election results, reiterating a “meeting-by-meeting” approach. 📈 Take a closer look at October’s market movements—full Post-Election and Post-FOMC October 2024 Review available on our website. #FixedIncome #BondMarket #InvestmentGrade

In Piton Investment Management’s Q3 2024 Fixed Income Update and Outlook with Brian Lockwood, CFA, our CIO, we look at portfolio strategies following the Fed's rate cut. "Following the Fed's rate cut, we’ve made minimal changes to our portfolios, opting to sell longer-term bonds and purchase mid-term bonds (the five-year range). As we enter the Fed’s easing cycle, we’re adopting a neutral stance, waiting to see how the economy reacts to the recent shift in monetary policy." 📈 Want to know more about how we’re positioning portfolios in today’s market? Visit our website’s Insights section. https://lnkd.in/gqcY4iC2 #GlobalEconomy #EconomicData #MarketVolatility

October Market Recap: Insights on Election and Economic Policy | Our recent October commentary dives into the market’s response to key events, from the impactful election outcomes to the Federal Reserve’s policy adjustments. The recent election delivered a clear Republican win, sparking optimism and sending equity markets to record highs. Investors welcomed anticipated deregulation, leading to significant gains in financial stocks, while bond yields rose sharply. With credit spreads at historically low levels, this shift has drawn considerable attention from market participants. 📈 For a deeper look, visit our Post-Election and Post-FOMC October 2024 Review on our website. #FixedIncome #BondMarket #InvestmentGrade