Brandy Niclai, CFA® - Alaska Permanent Capital Management

Brandy Niclai, CFA®

Chief Investment Officer, Multi-Asset Strategies

Alaska Permanent Capital Management 2005-Present
Wachovia Securities, Financial Advisor 2000-2005
WAVE Wholesale Co., LLC, Human Resources Manager 1998-2000
Washington State University, Cum Laude BA Business Administration

University of Alaska, MBA
Series 65 License
Chartered Financial Analyst®

Brandy Niclai

From the butcher to the lumber yard, things are getting more expensive, what does it mean?

By Brandy Niclai | June 7, 2021 | Comments Off on From the butcher to the lumber yard, things are getting more expensive, what does it mean?

Whether you are hosting a dinner party or building a new home, things are noticeably more expensive. Inflation is climbing higher – a significant departure from expectations earlier in the year. When we published our annual outlook, consensus expectations were for a modest rise in inflation from +1.4% to +1.7%, below the Federal Reserve’s +2.0% […]

Understanding the Tug-of-War Between Stocks and Rising Bond Yields

By Brandy Niclai | March 22, 2021 | Comments Off on Understanding the Tug-of-War Between Stocks and Rising Bond Yields

The Bottom Line The projected pace of the economic recovery has accelerated since the beginning of the year. This is causing an increase in interest rates that has made the stock market nervous about where interest rates will be relative to economic growth. However, APCM expects this to be a short-term issue as accelerating economic […]

Pandemic, Politics, and Portfolio Positioning

By Brandy Niclai | October 26, 2020 | Comments Off on Pandemic, Politics, and Portfolio Positioning

Pandemic The path of the virus continues to be the key contributor to the near term economic and financial market outlook.  Unfortunately, COVID case growth is accelerating again around the world, particularly in the U.S. and Europe.  A surge in case growth is tolerable and should not significantly derail the economic recovery as long as […]

One Step at a Time

By Brandy Niclai | April 10, 2020 | Comments Off on One Step at a Time

When the future is uncertain, and the challenge ahead is daunting, it is important to acknowledge progress and look at things one piece at a time. Each small step we take chips away at such enormous problems and gets us closer to the other side. Even though it is overwhelming to try to envision what […]