MAST REPORTS

The Mast Weekly Report provides information, analysis, and advice to investors, investment advisors, investment consultants and financial planners to help them in the management of their investment portfolios. The Report covers topics on financial markets and the economy that are pertinent to how and why markets and the economy perform as they do. Topics discussed are supported with specific and pertinent information and metrics.

Rates of return on the investment portfolios of long-term investors are primarily determined by how assets are allocated among major classes of financial assets. Thus, asset allocation is a major topic covered in the Reports. Mast’s main focus in managing client portfolios is on asset allocation. Our investment process is based on analysis that importantly includes known market information and data that reflect and quantify investors’ expected rates of return for major assets classes. This results in an approach to managing investment portfolios that is intentionally based on and driven by objective analysis and data, as opposed to subjective opinions and forecasts. The objective of Mast Weekly Reports is to provide this information, analysis, and advice to investors, advisors, consultants and planners to help them in the management of their investment portfolios.

Mast Month Reports provide the same information coverage over the preceding month. Mast Special Reports cover analysis of a specific investment management factor or topic.

Mast Report Week 05/13/22

Current inflation not decelerating, but future inflation expectations are...TIPS yield increase deflates gold price...some channels imply a price bounce short term, lower returns longer term...

Mast Report Week 05/06/22

Long TIPS yield moved from historic low -0.60% to current 0.63%...ERP 3.08% below-average and 40.5% below channel...

Mast Report Month 04/29/22

April 2022 monthly data and strategy updates...

Mast Report Week 04/22/22

Fed action lags inflation rates...real fed funds rate near 1975 historical low...

Mast Report Week 04/15/22

8.5% inflation rate highest since December 1981...ERP channel position -14%...stock/bond ratio channel position 127%

Mast Report Week 04/08/22

Year ahead S&P 500 expected return 0.93%...ERP low -14% channel...long TIPS yield high 111% channel...

Mast Report Month 03/31/22

Expected future asset class real returns challenge investors' portfolios for positive real performance....

Mast Report Week 03/25/22

Extreme channel positions...Stock/Bond Price Ratio 138% Channel...30-year Treasury bond price -21% channel...