How Multi-Asset Investing Became So Popular
Widely diversified asset allocation methodology offers promises of capital preservation, a boon post-crisis.
Market Drilldown
Why Lower Interest Rates Aren’t Hurting Bank Stocks
Normally, their profit potential would go straight into the garbage. But not now.
Factor Investing Doesn’t Always Deliver the Magic
Its different strategies can range from dynamic to sleepy.
Here’s Why Stocks Seem Set for a Mediocre 2020, if Not Worse
A so-so economy, low earnings growth, an un-inverted yield curve, and a stand-pat Fed are part of the mix for a ho-hum year.
Frozen Liquidity Problem Solved, Kinda, So Alts’ Popularity Grows
Liquid alternative investments let you cash out, but what will happen in the next market panic?
Further Fed Stimulus Falls on Increasingly Barren Ground
Evidence mounts that, after 10 years of extremely low rates, the impact of more cuts is limited.
A Blunt Assessment: Marijuana Has Smoked a Lot of Investors
Enthusiasm over falling legal bars led to business overexpansion and overoptimistic investing. But prospects long-term are, yes, high.
What Falling US Interest Rates, Negative Global Yields Mean for Asset Allocators
Real assets still look attractive.
Why Frontier Markets Hold Promise, with an Asterisk
Political unrest still can upend otherwise impressive growth in places like Kenya and Sri Lanka.
Retirement Funds Are in the Crosshairs of US-China Conflict
Across-the-board portfolio limits on investing in Chinese firms will harm the US, say critics.
Why Are We Still Using the P/E Ratio?
The storied multiple takes a lot of flak, but maybe it has value after all.
When Will the Party Be Over for Oil?
Now the dominant energy source, despite the glamor of renewables, the day it will peak may be in 2050.
How Asset Balancing Has Gotten More Complex
Bring on the exotica: Public pension plans are going lighter on stocks and bonds, as their alt ownership has almost quadrupled.
Hooray, LDI Is Progressively Making Corporate Pension Portfolios Less Risky
Fixed income now is their largest asset class, but this comes with a caveat. Sliding interest rates might thwart further improvements.
Bounteous Apartment Growth Soon Will Wilt
The millennials are big renters, but the next generation, Gen Y, won't provide as many work-force entrants. So multi-family housing investments aren’t great long-term.