This chart summarizes Kobren Insight Management's tactical asset allocation decisions. We reveal our outlook for seven disparate asset classes. If the arrow is in the yellow part of the chart, then our outlook is mostly neutral between the two distinct asset classes. If the arrow is in the green, we have a clear preference for one of the asset classes. The direction of the arrow reflects our latest move.

The current Tactical Asset Allocation Decisions is also available in PDF format (see below).

 
If you prefer, the current Tactical Asset Allocation Decisions is also available in PDF format. The PDF will open in a new window. You will need Adobe Reader to view this document - click here to Download Adobe Reader.

The investment ideas and expressions of opinion may contain certain forward looking statements and should not be viewed as recommendations, personal investment advice or considered an offer to buy or sell specific securities.

Kobren Insight Management's statements and opinions are subject to change without notice and should be considered only as part of a diversified portfolio. You may request a free copy of the firm's Form ADV Part II, which describes, among other things, affiliations, services offered and fees charged. Past performance is not an indication of future returns.

Although bonds generally present less short-term risk and volatility than stocks, bonds do contain interest rate risk (as interest rate rise, bond prices usually fall and vice versa) and the risk of default, or the risk that an issuer will be unable to make income or principal payments. Additionally, bonds and short-term investments entail greater inflation risk, or the risk that the return of an investment will not keep up with increases in the prices of goods and services, than stocks.

Investments in mid and small-cap stocks typically have higher risk characteristics than large cap stocks and may be subject to greater price fluctuations than large-cap stocks.
Foreign investments involve greater risks than U.S. investments, including political and economic risks and the risk of currency fluctuations, all of which may be magnified in emerging markets.

Lower-quality debt securities generally offer higher yields, but also involve greater risk of default or price changes due to potential changes in the credit quality of the issuer. An fixed income security sold or redeemed prior to maturity may be subject to loss.

Stock values fluctuate in response to the activities of individual companies and general market and economic conditions, domestically and abroad.