Research

At the start of each quarter, we provide a detailed summary of the just completed quarter with the goal of helping investors make better investment decisions, in addition to provide insights that will facilitate investor communications, client conversations, and quarterly letters. Furthermore, our quarterly report seeks to identify emerging risk management concerns and give investment

Click here to watch the video When we founded Trivariate Research in May of 2021, we did so based on the view that there was a hole in the market – one which we could fill by providing prescriptive, practical, and actionable investment advice to investors, advisors, and corporations. Our goal remains to stand in

Click here to watch the video One of the more differentiated services we provide at Trivariate Research is our analysis of position sizing for our clients. Both from working on the buyside and analyzing client portfolios at Trivariate we have observed that many investors are far more rigorous about their forecasted P&L models than they

Bottom-up stock pickers should stop worrying about the CPI. The consensus view at the beginning of the week was that we would get a light CPI and a dovish reaction from the market. Investors seem to be programmed that there is a strong correlation between real rates (CPI minus the 10-year yield) and Fed Fund

One of the more differentiated services we provide at Trivariate Research is our analysis of position sizing for our clients.  Both from working on the buyside and analyzing client portfolios at Trivariate we have observed that many investors are far more rigorous about their forecasted P&L models than they are about position sizing.  There are

Click here to watch the video Every day the business newswires are filled with sell-side stock analyst ratings, rating changes, and price target changes.  As we write this report, an analyst just posted a $1.00 price target on Carvana (CVNA) –a year ago, a different prominent analyst published a $400 target on the same stock. 

It is hard not to analyze the macro or micro landscape today and see data that appear to be still heavily impacted by COVID. While a lot of people act like and say out loud “COVID is over” – it is obviously not. Both from a public health perspective (100,000 new cases, 5000 new hospitalizations,

Every day the business newswires are filled with sell-side stock analyst ratings, rating changes, and price target changes.  As we write this report, an analyst just posted a $1.00 price target on Carvana (CVNA) –a year ago, a different prominent analyst published a $400 target on the same stock.  While that is an extreme example,

Attached is a monthly document that highlights important points for bottom-up stock pickers. It includes : Changes to macro variables that alter our gross exposure recommendations Risks Changes to profit margin and earnings expectations and multiples KPIs – like inventory levels Sector recommendations and important data Stock ideas Highlights include: Macro and gross exposures: Our

Nearly a decade ago when we were at Morgan Stanley, we coined the phrase “bad is good and good is good” to articulate how no economic news could make equity markets go lower at that time. Bad economic news meant there would still be accommodation from the policy makers, and good news meant things were