Beyond Bulls & Bears

2015 Asia Pacific Investor Forum Snapshot

2015 Asia Pacific Investor Forum Snapshot

To date, lower interest rates do not seem to have stimulated the domestic Australian economy. We think there’s probably more work to be done by the Reserve Bank, and therefore, we project yields will continue to decline, as likely will the Australian dollar.

Demystifying—and Defeating—Deflation

Demystifying—and Defeating—Deflation

I have little doubt the European Central Bank and other central banks such as the Bank of Japan—which has committed ¥80 trillion a year to its QE program—will continue to try to do what they believe is needed to boost inflation.

Active Opportunities in a Passive World

Active Opportunities in a Passive World

To stay in line with benchmark allocations, passive funds buy more of the stocks that get bigger while selling the stocks that shrink. By doing so, they are perpetually rotating away from cheaper stocks that have underperformed and into more expensive stocks with limited upside potential.

European Equities: Still a Contrarian Play?

European Equities: Still a Contrarian Play?

Going Against the Grain, Again

Going Against the Grain, Again