Pollock’s paintings are characterized by an “all-over” approach to painting, often of splattering an entire canvas with dense, interconnected webs of paint rather than focusing on a specific focal point. All of these policy changes and executive orders along with broad and seemingly arbitrary tariffs may be part of “the art of the deal” but I admit, I don’t see how this ends without some lasting or at least residual damage and maybe that is because I have never really understood the art of Jackson Pollack.

Our portfolios are designed to benefit from an extension of the business cycle and a continuation of US leadership. As the policy priorities of the new administration become clearer over the first half of the year, markets may be tested at times, but our well-diversified portfolios and extensive use of low-to-no correlated alternatives should serve as a ballast through market volatility.