…expected returns from non-US stocks are much higher, which is also not a new message (click here). These ‘old’ articles, which both date back to 2014, should be good reminders…
…sheet, which still exceeds $4 trillion. During the financial crisis, when the Fed couldn’t lower rates below zero, they engaged in a process known as quantitative easing (QE), which meant…
…a 60/40 stock/bond mix, earned 5.0 percent with volatility of 13.8 percent, for a Sharpe ratio of 0.36 over the same period. For our numbers, I used index returns, so…
…at the prices (or yields) and think that they’ve found a ‘deal’ compared to other bonds with the same rating. They may end up being right, but more often than…
…measures, saying that the ECB will: Cut the deposit rate from -0.2 percent to -0.3 percent, Extend their quantitative easing program until March 2017 from September 2016, Widen the kinds…
…think (remember Greenspan’s conundrum?). As I’ve said many times before, I am looking forward to when rates increase. It won’t be fun getting there, but as investors, earning 1.86 percent…
…end, we aren’t perfect. The truth is, these biases are unavoidable. I challenge you to take a look at this list and exclude yourself from them all. But I think…
…portfolio would need to be $4.275 million. The person on the left, who is mostly replying on Social Security, ‘only’ needs a portfolio of $287,500. These rules of thumb are…
…much things cost and says, ‘we attached reasonable numbers to their preferences.’ When people were presented a menu of things that they ‘need,’ but don’t know what they cost, the…
A correction is usually defined as a peak-to-trough decline of 10- percent using closing prices. Under that definition, we’re not quite at a correction, since the S&P 500 is ‘only’…
