Covestor model manager Tom Yorke of Oceanic Capital was on CNBC Monday, discussing his outlook on the market. Here’s the clip, where Tom discusses volatility, the murky macro picture, the 10-year Treasury, and his portfolio strategy at this stage:
AUTHOR
Tom Yorke
Oceanic Capital Management, LLC is a registered investment adviser based in New York. I am Tom Yorke, Oceanic’s Managing Director. I founded the company in 2008 after a 25-year career in institutional markets. Previously, I worked as Managing Director at Tokai Securities, and as a Vice President at Lehman Brothers. I believe that actively managed investment in alternative asset classes can potentially generate above average returns. My goal is to help create generational wealth through the use of longer-term investment strategies, diversification of assets, and a controlled-risk profile. As Managing Director at Oceanic, I maintain several securities registrations including registered representative, general securities principal, equity trader, options principal, and a registered investment adviser representative.
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But you do have to be careful out there – it is going to be very volatile.