The quantitative easing recently announced by the Bank of Japan may benefit investors who hold Japanese equities, but Ron Rimkus, CFA, sees the classic makings of one big investment bubble. Read more
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Suddenly gold is being proposed as a cure-all for the weakening dollar, allowing it to retain its place as the international reserve currency — a trophy taken, not without a fight, from the British pound at the Bretton Woods conference in … Read more
4 CommentsFor those following China closely, the recent downgrade by Fitch Ratings should come as no surprise. Read more
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The policies that Japan has utilized for so long are now being emulated by many countries around the world. Japanese policy is the avant-garde of economics — or, perhaps, the canary in the coal mine. Read more
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Among the abnormalities of the Great Depression in the 1930s were the brutal violence of the economic cycle and the grim persistence of unemployment — which resonates with us today. This time around very different economic dimensions have emerged, including excessive public debt made worse by bank bailouts, income inequality, and intergenerational warfare. Read more
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Thomas Mayer argues persuasively that Europe’s Economic and Monetary Union (EMU) could work if the member states would embrace a new EMU architecture. Even though all past monetary unions of sovereign states have failed, Mayer remains hopeful that the EMU can develop a more robust framework and contribute to the historical work of European unification. Read more
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Our ten most-popular articles from the past year include coverage of the ever-unfolding European sovereign debt crisis, how the election cycle affects the markets, and Warren Buffett’s secret sauce. Read more
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Top posts from last month included an assessment of the impact of the fiscal cliff, an analysis of what the Shiller P/E for the S&P 500 augurs for US stocks, and an overview of how Dodd-Frank will affect OTC derivatives in foreign markets. Read more
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Can applying insights from behavioral finance help investment managers (and clients) overcome decision fatigue and avoid self-inflicted wounds to their portfolios? The latest issue of CFA Institute Magazine looks at how managers are trying to cope with this challenge. Read more
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If Congress maintains the current tax and spending policies, we will get more of the same economy we have experienced for the past three years (all else being equal). But what if Congress lets the fiscal cliff hit? Ron Rimkus, CFA, assesses the impact. Read more
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