QAI News and Press, IQ Hedge MultiIQ Hedge Multi-Strategy Tracker From 02/04/23

Summary January almost did a complete reversal from January 2022, with U.S. Real Estate taking the lead, leaving Commodities nearly in the dust. It’s important to note that most assets are not in the red yet, and as we prepare for a very uncertain year in the market, 2023 has sta...

Summary Markets may be underestimating the stickiness of inflation and central banks’ determination to beat it - and what that means for growth and corporate earnings potential. We favor fixed income and credit over equities, and investment grade over high yield. Should infla...

Summary Managed Futures posted gains in each of the first three quarters before taking a breather in the 4th quarter. Commodities shot out of the gate huge in Q1 before oscillating back and forth the rest of the year. December looked a lot like the rest of the year for the rest of t...

Summary U.S. Stocks gave a comeback last month after being down in the previous two months, rising to the top of the list. While in September we saw nearly all assets in the red, October bounced back for most assets while equities continue to fall. Although we didn’t se...

Summary Managed futures will try and make money without the help of commodities. That mantra was seemingly playing out in September and throughout the 3rd quarter. What started the year as a commodity inflation story has definitely pivoted to a US Dollar and interest rate reaction...

Summary A lot of inflation expectations are driven by energy prices and perhaps more modestly, by the costs of basic foodstuffs. Inflation expectations are also linked tightly to agricultural prices, most particularly corn. Backwardation, or inversion, has characterized the cr...

There it was… the old dead cat bounce as investors suddenly decided maybe things are so bad the Fed will not just stop raising rates, but eventually cut rates – and started buying hand over fist in reaction. And what a bounce it was for US Stocks and Real estate, which b...

It’s a bird, it’s a plane… no, it’s managed futures, clocking in with gains once again this year as other assets get hammered down. What’s more, managed futures did it this month without the commodity headwind, relying on their short equities and sho...

May showed us it is never quite that easy for asset classes to continue printing positive month after positive month (or negative after negative month) into infinity. In this case, it was bonds seeing their first sign of life in quite some time, catching a bid mid-month as the equity ...

Managed futures typically does well in market crisis periods when all risk assets correlate. Hedge funds keep acting like a different flavor of the stock market, while commodities continue their relentless inflationary march higher. Eight more months of this will keep us all on ou...