September 27, 2017
We haven’t featured Ineichen in awhile, but here’s a good piece from this summer. Chart then download: —- —- Links Peaks Website ai@ineichen-rm.com www.ineichen-rm.com
August 27, 2017
Great paper…don’t miss…people love to think in nominal returns, but it is real returns that matter… …chart then download: —- —- Link Asset Allocation in a Low Yield Environment Website https://www.aqr.com/
August 18, 2017
This is a good, if long white paper. I’ve also included a summary article from the FT. (Note: Housing is appreciation and rental income) …chart then download: —- —- Link The Rate of Return on Everything, 1870–2015? FT: Housing for […]
April 14, 2017
Some thoughts from the GMO crew, none of which will be too surprising…but sobering thoughts to consider… Charts and download: —- —- Link to Download For Whom the Bond Tolls Website https://www.gmo.com/
March 27, 2017
Let’s just go straight to the quote and then download shall we? —- “If bond markets are smoking weed, then the stock market appears to be hooked on crack.” —- Link to Download Six Impossible Things Before Breakfast Website https://www.gmo.com
March 16, 2017
Twofer from GMO. Chart then downloads: —- —- Link to Download The What-Why-When-How Guide to Owning Emerging Country Debt: 2017 Edition Target Date Decisions, Decisions…Getting the Biggest Bang for the Buck Website https://www.gmo.com/
January 29, 2017
Wes does a really nice summary of a white paper on stock distributions, along with a couple other great links from JPM and Longboard. Seriously, read all four. Table then download —- —- Downloads TREASURY BILLS OUTPERFORM MOST STOCKS — […]
December 11, 2016
How did Soros, Buffett, and Lynch put together decades of great performance? AQR asks the question with some interesting answers… Chart and download: —- —- Link Alternative Thinking Website http://www.aqr.com
December 2, 2016
Duration, 100 year bonds, Mnuchin, and “will France blow up the Euro?”. All in one three-pager from Dillian’s Dirtnap. Chart and download: —- —- Link Century City Website http://www.dailydirtnap.com/
November 8, 2016
No, I’m not talking about the US election today, but rather the new piece from GMO! It’s good so don’t skip. Two charts then download… —- —- Download Hellish Choices Website https://www.gmo.com/
September 19, 2016
Long piece from DB…lots of great tables at the end with historical returns, etc. Wowza DB one of the more bearish shops! Chart then download: —- —- Link to PDF: Long Term returns Website: https://www.db.com/
May 12, 2016
Short but sweet article here on the yield vs duration of bonds in 2000 vs now. The search for yield continues….(and you know my opinion here.) Chart then download: —- —- Article Link Negative Interest Rates Website Home Get a Free […]
May 10, 2016
What happens to equities after sovereign debt restructuring? Chart then download: —- —- Download PDF Global Debt: Challenges and Opportunities Website http://www.ml.com/ Get a Free Subscription! If you send me an email with a link or attachment to a piece […]
January 27, 2016
Attached is a short white paper I wrote on applying a value strategy to global sovereign bonds. It isn’t public yet so please don’t share! I may have a few more edits to make… Chart then download: —- —- Download […]
June 15, 2015
Three assets: stocks, long bonds, and gold. Equal weight whatever is above the long term trend (10 month SMA). That’s it. Similar to our old QTAA paper, and so very basic (which is good). Picture, no download. Copyright 2015 Ned […]