Helping Institutions and Ordinary People Invest Better by Focusing on Risk Control
Picture Credit: derek visser (modified to exclude extraneous comments) Trump and Harris are more similar than different. Both favor the rich, they lie, they are for abortion and against immigration. 1) For those that follow my Twitter feed, you know that I don’t like Trump or Harris much. Trump has bad character and evil [ ]
Picture Credit: National Library of Ireland on The Commons Interest rates always move in lockstep, right? So the Fed loosened 0.50%. Long past the time it should have done so. What was the result on the long end of the Treasury yield curve? Well, look at that! As the Fed cut the short-term policy [ ]
Image Credit: Andy Kobel Remember, the market is mostly a weighing machine, not a voting machine There are three main gripes that I have with respect to the CFA Institute regarding the way they do exams. I have an idea to improve things. Go ahead and continue to hold exams at testing centers via [ ]
Hey! Maybe we can grow our way out of the problem! All images from Aleph Blog At one point in time, I was a Fellow in the Society of Actuaries, a Life Actuary specializing in investment issues. Eventually, I was hired by a hedge fund to analyze all types of insurance stocks. I knew [ ]
Picture Credit: sevoo I m not dead yet In my view, these were my best posts written between August 2017 and January 2018: The Crisis at the Tipping Point A reprise of what some people knew in advance of the Great Financial Crisis. Includes a link to what I wrote 10 years earlier, where I [ ]
Credit: Aleph Blog Really, we should be expecting a bubble as the Baby Boomers retire. As of December 31st, 2023, the S P 500 was forecasting a return of 1.34%/year over the next ten years, with no adjustment for inflation. As of the close on May 10th, 2024, that figure was 0.32%/year. Why so glum? [ ]
I know I haven t been blogging for a while. I also haven t been tweeting. I am shut out of X-Twitter because of two factor authentication issues. As such, I am doing a post today that is Twitter-like, giving my thoughts on a variety of news articles. Here we go: President Xi’s hero, Chairman Mao said [ ]
Image Credit: Aleph Blog Has the return on assets for public equities permanently risen? The return on bonds has risen for now. From the last piece: At March 31st, 2023, the S P 500 was priced to return 2.41%/year over the next ten years. Given the rally since then, that return has shrunk to 0.49%/year. [ ]
Image Credit: Aleph Blog Has the return on assets for public equities permanently risen? At March 31st, 2023, the S P 500 was priced to return 2.41%/year over the next ten years. Given the rally since then, that return has shrunk to 0.49%/year. Currently the 10-year Treasury yields 3.76%. In investment grade corporates, you could [ ]
Picture Credit: David Merkel, with an assist from Bing Chat in Creative mode Twitter bird is disappointed that he is short, like this post Artificial Intelligence Around the US Israel Markets Other