Omega Point Blog

Interest Rates

Watch the Tails: Expanding our Macro Detection Palette

May 09, 2021

Last week, we delved into ‘when’ macro matters by using the Axioma Macro Projection Model to identify historical periods when macro factors drove US equity volatility. This approach highlighted the Sovereign Debt Crisis in 2012 and the COVID market downturn as periods when macro factors became the leading contributors to volatility in the Russell 1000 Index. We also observed evidence of macro...

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Kevin Wahlberg
Kevin Wahlberg

With Rising Rates Comes a Rebound in Value

February 28, 2021

The past few weeks have had investors scratching their heads as we’ve seen rates surging in 2021. Long-term US treasury yields have risen over 50 bps since the end of 2020, with the majority of that rise happening in the past month alone. Coupled with the January retail crowding event and the recent market sell offs that have posed unusual challenges for the typically-soaring tech stocks,...

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Alyx Flournoy, CFA
Alyx Flournoy, CFA