…market, the low-volatility fund has done better, falling -14.4 percent this year through September, while the S&P 500 lost -23.9 percent over the same period. So, why don’t we own…
In September 2011, Switzerland’s central bank, the Swiss National Bank (SNB) decided that it didn’t want the Swiss franc to become too valuable against the Eurozone common currency, the euro….
…still five rungs above investment grade. A little more than three months later, S&P cut Puerto Rico’s bonds to junk status. The other two major ratings agencies, Moody’s and Fitch…
…belief that our basic system, while injured, wasn’t dying, which made a recovery possible. Third, the 2008 swans weren’t exactly black; we had done it all before. Of the 10…
…to be flowing more freely, businesses are profitable, banks are well-capitalized, and even the government’s fiscal situation is better (not great, but better). Even though the GDP number was negative…
…stock exposure. There are things to worry about (and there always will be), but the ‘coming dollar collapse’ or ‘impending dollar debasement’ ought to be low on your list. …
…something soon). These strategies, along with judicious use of IRAs, 401ks, Roth IRAs and other tax-advantaged accounts (even 529 plans, which I mentioned yesterday) are worthy of your investment dollars….
…are higher. Utilities are a popular example because the yields are relatively high. The SEC-yield (an imperfect, but standardized measure) on a popular Utilities ETF is 3.54 percent, compared to…
…should happen is a mystery, and unfortunately, these discounts can persist for years (no free arbitrage here!). After the announcement, well after the initial price spike, the price of the…
…invest in a broad array of strategies including: long-short stock, long-short bond, managed futures, distressed debt, arbitrage, global macro, etc., in a single fund. While I am always interested in…
