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Green Book April 2023

One Of A Kind

Steve Leuthold, the founder of our firm—friend and mentor to everyone on our Leuthold team as well as prior employees of the last 40+ years—passed away last month in Carlsbad, California. He was 85. Steve excelled as an investment strategist, asset allocator, equity & fixed income portfolio manager, and short seller—four very different jobs (which now require five of us to execute).

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Gold (84) Dollar (56) Easing (1) CPI (171) Market Rotation (2) Election (10) Inflation (585) Recession (69) Value (131) Growth (119) Factor Performance (18) Japan (48) Yen (7) Wealth Effect (9) Bank Lending (1) Resession (1) Time Cycles (6) Breakeven Rate (1) Oil (48) Treasuries (79)