If the United States does more than flirt with a government shutdown and technical default, old assumptions about the safe-haven status of Treasury debt and the dollar will face unprecedented threats. More »
Institutions do better than individuals at active fund management, but given that both come out losers the underlying message is that picking stocks and bonds is a game neither group should play. More »
The problem with Modern Portfolio Theory, the basis for most diversified investment approaches, is that the often irrational human investor in charge is a major point of failure. More »
Marine Le Pen, French National Front (FN) political party leader and candidate for the French 2017 presidential election, attends a campaign rally in Marseille, France, April 19, 2017. REUTERS/Robert Pratta An unlikely Marine Le Pen victory in French president... More »
A trader works on the floor of the New York Stock Exchange (NYSE) in New York, U.S., April 17, 2017. REUTERS/Brendan McDermid “Is this market a bubble?” and “Is my kid a genius?” are two questions which are asked far more often, and with less profit, than they... More »
You probably already knew that hedge fund names are intended to impress, or even better to confuse just enough to make you stop asking questions, but most of all to inspire confidence. More »
FILE PHOTO – U.S. President-elect Donald Trump speaks as PayPal co-founder and Facebook board member Peter Thiel and Apple Inc CEO Tim Cook look on during a meeting with technology leaders at Trump Tower in New York U.S. on December 14, 2016. REUTERS/Shannon S... More »
The company logo for Unilever is displayed on a screen on the floor of the New York Stock Exchange (NYSE) in New York, U.S., February 17, 2017. REUTERS/Brendan McDermid In a world in which most investment managers are paid to be short- or medium-term in their ... More »
U.S. President-elect Donald Trump speaks at his election night rally in Manhattan, New York, U.S., November 9, 2016. REUTERS/Carlo Allegri Donald Trump’s tax repatriation plan will create jobs, but far more – and more likely – ones for financial engineers rath... More »
Clouds move over the Riyadh skyline November 17, 2013. REUTERS/Faisal Al Nasser (The opinions expressed here are those of the author, a columnist for Reuters) More »
Crude oil storage tanks are seen from above at the Cushing oil hub, appearing to run out of space to contain a historic supply glut that has hammered prices, in Cushing, Oklahoma, March 24, 2016. REUTERS/Nick Oxford/File Photo If investing in commodities invol... More »