Allocation Update

Find timely intelligence to inform your portfolio positioning right now. Touchstone conducts deep dive analyses of specific asset classes and offers asset allocation guidance using different approaches that are designed to add value for financial professionals and their clients. While certainly not exhaustive, these fresh perspectives include not only historically significant findings, but they also incorporate more recent trends or ideas about important market or economic environments - the culmination of which can serve as a solid framework for discussion and consideration.

Fixed Income Monthly

Crit Thomas, CFA, CAIA, Erik M. Aarts, CIMA, Tim Paulin, CFA

Constructive but Increasingly Selective: Consistent with the economic backdrop and a more balanced rate environment, Touchstone remains constructive on credit return potential. However, the shift from scarcity to supply, rising dispersion, and sector-specific risks reinforce the need for quality, active security selection, and vigilance. In a K-shaped world, credit markets are defined less by broad stress and more by differentiation—an environment that can reward disciplined investors.

Allocation Update

Asset Allocation Chart of the Month

Crit Thomas, CFA, CAIA, Erik M. Aarts, CIMA, Tim Paulin, CFA

Historically, layoffs and jobless claims have provided a reliable real-time signal of earnings stress. Despite heightened layoff announcements, jobless claims indicate earnings pressure remains contained.

Allocation Update

International Equities Monthly

Crit Thomas, CFA, CAIA, Erik M. Aarts, CIMA, Tim Paulin, CFA

International equities are navigating geopolitical volatility and currency crosscurrents, but improving breadth, supportive valuations, and structural growth opportunities continue to strengthen the case for global diversification.

Allocation Update

Touchstone Asset Allocation Guidance

Touchstone Asset Allocation Committee

Markets are pushing higher despite elevated uncertainty, and while participation has broadened, some of the recent leadership looks speculative. With midterm election years historically volatile, we’re emphasizing quality, selectivity, and flexibility—without reducing equity exposure.

Allocation Update

Domestic Equity Monthly

Crit Thomas, CFA, CAIA, Erik M. Aarts, CIMA, Tim Paulin, CFA

Equity markets entered 2026 with fundamentals largely intact, but leadership has become more fluid, and valuations possibly more constraining for large caps, raising the importance of selectivity over broad exposure.

Allocation Update