Do core and transitory volatilities matter for the economy? Indeed, a considerable body of empirical evidence suggests that financial market volatility is made up of two components: a slowly varying ‘core’ component and a ‘transitory’ component that dissipates quickly.components core core volatility ftse macroeconomic market sentiment shock transitory volatility
What is better - factor of sector investing? Our results show that sector investing is effective for reducing risk through diversification while factor investing is better for capturing risk premia and so pushing up returns.allocation asset based diversification factor industry investing performance portfolio style
Pension plans are eventually going to cause some problems for municipalities who have over-promised and under-saved for their beneficiaries.
The pension crisis is a slow-moving train wreck that will likely cause huge problems for many municipalities and their retirees that are banking on pension income to supplement their retirement spending needs.asset companies fund investment investors pension plan private equity problems public
From the front-office to the back-office, a crop of new capital markets tech companies are looking to digitize traditional financial services operations. We organized the companies into 3 main categories based on the traditional area of the business model they are attacking (front-office, middle-office, or back-office).capital market companies data firms include investment leveraging platform software subcategory
The questions we hear all the time goes back to that uncertainty issue: What’s the Federal Reserve going to do?
All those questions are things that you as an investor simply are not going to be able to answer with any degree of accuracy—it’s really a crapshoot.and boom bust hear market past questions recognize simply years
The other day, President Trump told the world, on television, that he fired James Comey as head of the FBI because of the investigation into his campaign’s possible collusion with the Russians to disrupt our elections. What’s different this time is the degree to which Republicans are being forced to twist their minds into pretzels in order to get through the day.admit americans believing chosen feeling forced investigation party president trump
There are many “seasonal” tendencies that have played out often in the stock market during post-election years and also during years ending in the number “7” (no, seriously).
Does this really matter and/or will it affect the market in 2017?data displays election investment market months post pretty seasonal years
What differentiates successful investors from others is not related to intelligence, but rather related to attitude. Therefore, paradoxically, successful investors must be able to combine both a high confidence in their judgment while also remaining constantly humble.attitude buffett constantly differentiates humble investors rational related successful Warren
In 2012 we published a whitepaper entitled “Adaptive Asset Allocation: A Primer” in which we built upon the simple, robust momentum framework proposed by Mebane Faber in his 2009 study “Relative Strength Strategies for Investing.” Our approach utilized a portfolio optimization overlay to this framework which served to stabilize and strengthen the dynamic mix of high-momentum assets, providing a powerful way to enhance absolute and risk-adjusted returns.
Note that this universe is slightly different than the universe that we explored in whitepaper.allocation asset global holding investment universe momentum returns strategies strategy universe
The Wall Street gives a shoutout to the Everything Rally this morning, noting the current goldilocks environment of low inflation, stable economic growth, easy monetary policy and the dollar’s 5% fall.
Stocks, bonds, gold and bitcoin—assets that rarely move in unison—have all been surging this spring, an everything rally that leaves investors confounded about how to play the plodding U.S. expansion and vulnerable to sharp reversals in fortune.asset find highs morning noting rally shoutout stock Street wall
For example, ETFs with "low volatility" or "minimum volatility" in their names can turn out to behave quite differently for investors in precisely the environment that they are most looking for risk mitigation.
A fund's name might seem like a good starting point for gaining an initial understanding of how it is constructed – "Infrastructure," for example, would seem to have something to do with the facilities, roads and power supplies needed to operate society.etf fund index infrastructure investors methodology stock turn unconstrained volatility