US Treasuries
Earlier this year, the copper–gold ratio was, in Jeffrey Gundlach's words, “screaming that the 10-year should go lower.”
If Treasuries no longer fulfill their traditional role, what other strategies or asset classes can enhance diversification and deliver consistent returns?
Equities are not necessarily more risky than such "safe" assets as US Treasuries.
A negatively yielding bond violates a very basic, fundamental principle: the time value of money.
The golden age of fixed income is over. That means we have to rethink portfolio management and risk control.
Why do investors keep investing in government bonds despite extremely low yields?
“Most people tell me that long-run equity valuation data is meaningless," says Russell Napier. "I think they’re wrong.”
The author investigates Thomas Malthus’s theories of secular stagnation and uses his findings to shed light on the sluggish growth and lethargic employment rates that have recently plagued the US economy.
Joachim Klement, CFA, demonstrates a method for beating average hedge fund returns — without the fees. It's the best dumb alpha can offer: a simple, low-cost investment strategy that outperforms more sophisticated and expensive alternatives.
Gains and losses are the product of human behavior, driven by greed, fear, and sloppiness, with an accelerator of leverage thrown in to shorten the terminal period. This is the way it has always been and probably always will be.