What is the Worst Case Scenario for Bonds?
Bonds are a very confusing financial instrument for most investors. This is especially true for individuals. As I’ve explained before, one of the main reasons why...
Author : PRAGMATIC CAPITALISM
Quick Twits
I post a lot of things on Twitter these days and tend to leave the website for long form stuff, but I know many of...
Is There a Bubble in Low Volatility Funds?
Investors have been pouring money into low volaility funds at a record pace so far in 2016. According to Bloomberg low vol funds have seen...
Big Confusion on “Passive” Investing
Here’s a new fund filing which is both hilarious and sad. The ticker symbol is BIGD, which stands for Big Data. The fund will be...
Why Helicopter Drops Would Work
Here’s John Kay in the FT arguing that helicopter drops don’t work. He says: “even if the lucky recipients of the helicopter drop went straight...
Hedge Funds – Misunderstood, but Still North Worth it
Cliff Asness has a wonderful new piece on Bloomberg View discussing hedge funds. He basically argues that: Hedge fund criticism has been unfair largely due...
Trump is Wrong on the National Debt
Donald Trump made some controversial comments the other day regarding the national debt. First, he said: “We’re paying a very low interest rate — what...
“There are no Good Gold Analysts”
Joe Weisenthal recently asked for a recommendation for a good gold analyst to interview on Bloomberg. I said: @TheStalwart There are no good gold analysts....
The Myth of Declining American Living Standards
One of the running themes of this website over the last 6 years is the idea that the US economy is not doing nearly as...
Thinking About the Great Normalization
There’s a lot of talk these days about how bad the economy is and how we seem to be in a state of permanently low...