Astor Investment Management is a registered investment adviser based in Chicago, IL. Astor provides advisory services to approximately $2.41B (as of September 2018) in client assets across various product channels including Separately Managed Accounts, Mutual Funds, and Model Delivery Arrangements. Our investment philosophy is based upon the belief that diligent analysis of economic data can provide valuable signals for longer-term financial market allocations.
THE ASTOR ECONOMIC INDEX®
Astor Investment Management collects and analyzes economic data to determine the current state of the U.S. Economy. Astor publishes a score on a monthly basis that indicates if the economy is growing or contracting. The Astor Economic Index® is our proprietary reading of the U.S. Economy and is the cornerstone of Astor’s investment process.
When the U.S. Economy is expanding and/or above historical averages, Astor is more comfortable owning equity-type investments.
When the U.S. Economy is contracting and/or below historical averages, Astor is less comfortable owning equity-type investments and more likely to invest in less volatile, safe-like investments (Cash, fixed income).
ASTOR’S MISSION is to make investment decisions based on the health of the U.S. Economy in an effort to capture meaningful gains during equity bull markets and avoid, or significantly reduce losses during equity bear markets.
Source: Astor calculations
Shaded regions represent recessions as determined by NBER.
The Astor Economic Index® should not be used as the sole determining factor for your investment decision. There is no guarantee that the index will produce the same results in the future. Please refer to the accompanying disclosure for additional information regarding the Index.
All information contained herein is for informational purposes only. Please refer to the important disclosure information at the end of the presentation for definitions, additional information and risks.
All information contained herein is for informational purposes only. This is not a solicitation to offer investment advice or services in any state where to do so would be unlawful. Analysis and research are provided for informational purposes only, not for trading or investing purposes. All opinions expressed are as of the date of publication and subject to change. Astor and its affiliates are not liable for the accuracy, usefulness or availability of any such information or liable for any trading or investing based on such information. 2017-128
Our proprietary Astor Economic Index® is still showing strong growth in the US economy, though the index is near its low for 2018. The economy as we measure it has thus far proved itself resilient to escalating trade tensions and steadily rising interest rates. Labor market The pace of hires slowed slightly last month –…
Given the yield curve has been in the news as of late, we wanted to re-share Astor’s views. Much has been made of the flattening yield curve trend that has developed over the past year or so. Yield curves that are inverted, with short-term rates higher than long-term rates, have historically preceded recessions in the…
Although the impossibility of predicting future recessions seems almost axiomatic, a growing crowd of economists, pundits and market participants have added their voices to the chorus proclaiming an impending recession in 2019 or 2020. The next recession is unlikely to mirror the 2008 financial crisis in duration and severity, but several of the more plausible…