Think Beyond the Norm

Hello, everyone! Welcome to the latest edition of the Life & Equity newsletter. Today, we have some exciting updates and insights to share with you. So, grab a cup of coffee and let's dive right in!

?? Featured Article: "Unlocking Opportunities in Longevity Assets"

In this edition, we shine a spotlight on the fascinating world of longevity assets. As the population ages and individuals seek ways to secure their financial future, investing in longevity assets has gained significant attention. We explore the potential of this emerging asset class, the key factors driving its growth, and how it can offer attractive returns with low correlation to traditional markets. Don't miss out on this insightful piece!

?? Investment Spotlight: "Introducing Alpha Capital's Longevity Fund"

We are thrilled to introduce our latest investment offering – Alpha Capital's Longevity Fund. This innovative fund is designed to capture the growing opportunities in the longevity assets space. With a focus on delivering attractive returns while managing risk, our fund aims to provide investors with a unique avenue for diversification and long-term growth. Stay tuned for more details on how you can participate in this exciting investment opportunity!

A Pitch deck of the Fund is available to interested parties in the asset class by messaging me directly here on LinkedIn, as well as an email of interest sent to ([email protected]).

?? Market Insights: "Navigating the Post-July 4th Investment Landscape"

US stocks remained largely unchanged as investors awaited the release of the Federal Reserve's meeting minutes. The S&P 500 showed little movement, reflecting the uncertainty surrounding the Fed's decision to pause its rate-hike cycle after a series of consecutive moves. Notable movers included United Parcel Service Inc., which dropped 1.3% amid concerns of a potential strike, and Coinbase Global Inc., which fell after a downgrade.

Meanwhile, yields on two-year Treasuries, an indicator of policy sensitivity, drifted lower to 4.91%, while the 10-year yield stood at 3.90%. The inverted yield curve, often seen as a signal of an upcoming economic downturn, raised concerns about the potential impact on economic growth and corporate profits, especially as the Fed has forecast two additional rate increases this year.

The contraction of money, simultaneous hiking of rates, and the yield curve have led some experts, such as Ed Hyman, founder and chairman of Evercore ISI, to express their bearish views on the economy. Hyman pointed out the need for caution, emphasizing the potential risks posed by these factors.

Amidst a sputtering Chinese recovery and uncertainties surrounding the Fed's rate-hike cycle, the demand for global equities has tempered following a strong first-half rally led by tech stocks. With expectations of further interest-rate hikes from the Fed and the European Central Bank in July, borrowing costs are anticipated to peak at 6.25% this quarter.

Despite these challenges, many investors remain optimistic. Benjamin Kirby, co-head of investments at Thornburg Investment Management, highlights robust consumer spending, a strong job market, falling inflation, and the underweight risk position of professional money managers as factors supporting risk markets.

In other market news, the offshore yuan reversed its earlier gains after the Caixin China services purchasing managers' index came in weaker than expected. Crude futures approached $72 a barrel following output cuts by Saudi Arabia and Russia, while gold saw a slight decrease and the dollar strengthened.

Stay tuned for more key events this week, including the release of the FOMC minutes, US initial jobless claims, trade data, and the ECB's Christine Lagarde addressing an event in France.

?? Thought-Provoking Quote of the Day:

"Longevity is not just about adding years to life, but about adding life to years." - Robert Frost

We hope this quote inspires you to embrace the potential of longevity assets and seek opportunities that can enhance both your financial well-being and quality of life.

That's all for today's newsletter! We hope you found this edition informative and thought-provoking. As always, we value your feedback and look forward to your continued support.

If you have any questions or would like to learn more about any of the featured topics, please don't hesitate to reach out. Stay tuned for more exciting updates in our next newsletter!