Yes, yesterday’s furious 3.5% equity selloff – the biggest since June 11 – was painful, but in isolation it should have been manageable for investors using legacy balanced 60/40 (or risk parity) portfolios. However […]
The economy is heading down the toilet. Graphs of the markets falling off cliffs are scary. Experts are talking about the 1987 crash. But before you start stress eating chocolate, here’s what you need […]
U.S. futures continued their slump, hitting a three-week low as shares in Europe and crude oil tumbled after tighter covid restrictions in Germany and France sparked fear of even broader lockdowns. European […]
Back in March 2016, we published an article explaining how the coming default cycle – when it finally hits – would be different: it would be marked by record low recovery rates. While there […]
US equity futures, European tech stocks and global shares were hit hard on Monday as surging coronavirus cases in Europe (over the weekend, Spain announced a national curfew) and the United States […]
Back in June, the generally cheerful investing icon Jeremy Grantham unleashed fire and brimstone, taking his $7.5BN portfolio to a net short position for the first time since the financial crisis, and summarizing his […]
S&P futures and European stocks rose on positive corporate earnings and German PMI data, while Treasurys reversed an earlier loss, even though the rapidly approaching election means the chance of a fiscal […]
On Wednesday, the Senate voted on a new “skinny” stimulus package for coronavirus relief, which is not to be confused with last month’s failed “skinny” stimulus bill. This one included more weekly unemployment benefits, […]
S&P futures traded lower, alongside shares in Europe and most of Asia – but since rebounded from overnight lows – as worries about a delay to U.S. economic stimulus, surging virus cases […]
Why gold? That’s a question I’m asked frequently. It’s usually followed by a comment along the lines of, “I don’t get it. It’s just a shiny rock. People dig it out of the […]
