Wealth Management Blog | WrapManager

Starting the Year On a Much Better Note - Astor Asset Management

Written by Gabriel Burczyk | January 18, 2013

Astor Asset Management’s January 2013 investment commentary reviews 2012, looks towards 2013 and provides commentary for their portfolio strategies. "After a turbulent December due to Fiscal Cliff concerns, we have started the year on a much better note. With a deal being reached at the 11th hour, equity markets shot higher to start the year and have slowly crept higher while chopping around in a tight channel. The bond, currency, and commodity markets have seen a lot of action so far this year with rates initially spiking in the first week of the year and tapering off recently."