Today’s standard narrative is that investors are being forced to take ever higher levels of risks because Central Banks have helped drive down the yields on safe assets.
At the same time, the investment industry is perhaps more than ever focused on the short term. Measuring the success of fund… Read the article
Behavioural Finance Economics
“How do investors position themselves in a low return environment?” seems to be the title of every investor conference, product pitch, or advertising brochure. It now seems to be received wisdom that we are in a world of secular stagnation.
It’s interesting, because the reality of the three… Read the article