JAG Team Insights — The AI Revolution: Key Takeaways from Quarterly Earnings Calls
June 2023 As we discussed in our Inaugural piece on AI, we believe the recent acceleration of Artificial Intelligence (AI) is the most disruptive development since the dawn of the Internet itself. We will see more use cases of generative AI as the technology continues to improve at a rapid pace. Generative AI refers to […]
1st Quarter 2023: Markets Show Resilience to Start 2023
Markets Show Resilience to Start 2023! The S&P 500 kicked off 2023 with a first quarter total return of 7.5%. Bonds also delivered mostly positive returns last quarter, as interest rates declined, and credit spreads remained relatively tight. It appears investors are expressing optimism that moderating inflation, combined with “better than feared” corporate earnings results, […]
JAG Team Insights — The AI Revolution: Framing Risks and Opportunities
April 4, 2023 Over the past several months, Artificial Intelligence (AI) has leaped from the realm of science fiction into reality right before our eyes. The evolution has taken decades, but the impressive growth in power and user access has accelerated very recently with ChatGPT. This process continues to evolve extremely rapidly, in raw technology, […]
JAG Team Insights — The Debt Ceiling Debate & Financial Market Impacts
February 17, 2023 Raising the debt ceiling is a regular feature of the US political and financial landscape. Since June 1942 the Federal borrowing limit has been raised or suspended a total of 93 times. The US government hit the statutory debt ceiling on January 19, 2023, which has prompted debate over what will ultimately […]
JAG Team Insights — Putting Recent Tech Layoffs into Context
January 27, 2023 Almost every day we have been hearing the news of tech layoffs, most recently Alphabet (Google) and Spotify each announcing a 6% workforce reduction. While layoffs often point towards a weakening economy, we believe these headcount reductions primarily reflect idiosyncratic factors in the tech industry and have a relatively limited read-through for […]
4th Quarter 2022: Opportunity Set is Growing Despite Fears
Bonds are Back! As we highlighted last quarter, we believe the interest rate increases and inflation fears of 2022 have created an attractive opportunity for bond investors for 2023 and beyond. Indeed, being a prudent and diversified “lender” to the Federal Government, corporations, and municipalities now provides investors with the potential to earn mid-to-high single […]
JAG Team Insights — An Electric Opportunity: Renewable Energy Generation
December 15, 2022 The US and much of the world is engaged in a multi-decade effort to replace fossil fuels with renewable, non-CO2 emitting sources of energy. This is an enormous project that will require vast amounts of capital to implement. JAG believes the adoption of the new technologies involved in this transition has and […]
3rd Quarter 2022: Looking Beyond Risks
Looking Beyond the Risks “When you see only problems, you’re not seeing clearly.” – Phil Knight, Shoe Dog: A Memoir by the Creator of Nike As we begin the final quarter of 2022, the markets and the economy are still facing numerous challenges from persistent, high inflation, ongoing Fed rate hikes, and geopolitical instability. The […]
JAG Team Insights: What’s Next for Health Care Investors?
August 22, 2022 The Inflation Reduction Act has major implications for many investment sectors, including Health Care. This Insight focuses on the powers granted by the Act to Medicare to negotiate drug prices over a multi-year path. The effects will not be felt evenly across the industry. Drug companies with the forethought to have built […]
2nd Quarter 2022: Inflating Worries
Firm Highlights JAG Achieves Third Party Veteran Owned® Business Certification JAG is proud to announce that we have achieved third party certification as a Veteran Owned Business from the National Veteran Business Development Council (NVBDC). The NVBDC is the leading certifying authority for businesses to ensure valid documentation of veteran status, ownership, and operational control. […]