The recent volatile financial markets have created some challenging short-term performance comparisons but also some great valuations and attractive yields. In this episode, we make the case for asset allocation being exactly where the puck is going. After such an aggressive shift in economic policy and interest rates, allocating your investments using a rearview mirror approach can prove harmful. Short-term thinking and recency bias can lead investors to the wrong conclusions. Diversified asset allocation, whether it is what you have in place already or newly implemented, may be where the puck is going. That is especially true when using an active approach that can provide more relevant and timely equity and fixed income exposure.