By: George Smith, CFA, CAIA, Portfolio Strategist, Craig Brown, Quantitative Strategist, & Jeffrey Buchbinder, Chief Equity Strategist

The difference between strategic and tactical investment time horizons can be likened to the ebb and flow of tidal patterns in oceans. Strategic investing mirrors the steady rise and fall of the tides, focusing on long-term goals and expectations more stable akin to the predictable rhythm of oceans. On the other hand, investing in tactical time horizons resembles the dynamic nature of changing tides, responding to short-term market conditions like unpredictable surges and waves in the sea. Here we compare and contrast these two distinct processes and recap our recent strategic asset allocation change.

Read the full commentary here: weekly-market-commentary-03252024