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Alternative investments changed more since I started in the industry in 2008 than I ever thought possible. One might think that the “AI Revolution” or more sophisticated computer power created a vast array of totally different return profiles, but instead, the big surprise is the ability for everyday investors to access non-traditional products. While regulators […]

“There are three kinds of lies: lies, damned lies, and statistics.” This famous quote from Mark Twain seems like it would be old news over 100 years later but in a world with more data at our fingertips than ever before, it is hard to know if we see the truth or more damned lies. […]

One way to make sure you hit your targets is to simply adjust them lower. It looks like central banks worldwide will do just that in their fight against inflation. Despite a long-term target of a 2% annual rate, political pressure to sacrifice purchasing power in exchange for growth appears to be gaining steam. Given […]

The US Presidential election will generate endless talk about who is or is not “paying their fair share” and what tax policy should look like at the national level. Less discussed is the continuation of “tax cut fever” at the state level. Flush with cash from pandemic payouts from the government, many states decided to […]

If you spoke to a 25-year-old versus a 65-year-old, you might be shocked at the difference of opinion on where our country’s economic future is headed. While this disparity is common, the degree to which government policy is affecting each may be at its highest point ever. This is sending shockwaves through political circles, as […]

I often tell traders that a few things drive how quickly they will be able to raise assets. These include the length of track record, pedigree, and performance. The ability to run a successful investment business is another underrated aspect of a successful offering. It is this context that makes Greg Srodon a rare find. […]

via Institutional Investor: In March and for the quarter, the bulk of The Mulvaney Global Markets Fund‘s gains were driven by what the firm calls “soft” commodities. They accounted for about 51.6 percent of the month’s performance and 121 percent of the three-month period’s performance, per the firm’s document. Stock indices were responsible for 30 percentage […]

Making financial choices is a daunting task as the result yields an objective number on your selection. Nobody likes to see that they exited a stock just before it took off or entered a new investment into a fresh drawdown. Sadly, this human characteristic often pushes us to ask the wrong questions. The Power of […]

In a scene reminiscent of the French Revolution, angry mobs descended upon the capital in tractors. Wait, tractors?! Farmers across the European Union (EU), upset by new environmental regulations, flexed their political muscles by demonstrating that limits exist to the “green” mandates passed by government bureaucrats in Brussels. Taking a page from climate protestors, farmers […]

Headlines trumpet the stock market gains driven by the “AI Revolution,” but there is company at the top as gold, Bitcoin, and cocoa also hit their peaks. Many would say this is a validation of a buy-and-hold strategy. Typically associated with equity markets and not commodities, bitcoin holders and gold bugs might argue that it […]

“A portfolio where everything goes up together is a bad portfolio,” a wise man once told me. Increasingly, this point seems lost on investors who seem to buy every stock market dip with positive results. Much like the Thanksgiving turkey that feels more comfortable with each passing day, the chance of severe loss might get […]

In a July 2023 blog post entitled Real Estate Trends in a Post-Pandemic World, we discussed the potential trajectory of real estate, particularly commercial real estate. As expected, the outlook for office space and other properties is tumbling. While that article mainly focused on supply and demand as work-from-home trends took over and interest rates […]

Argentinians have spoken, and their message to the government seems clear: they are sick of lurching from inflation crisis to inflation crisis. As is often the case, currency debasement affects the countries that can least borrow or print their way out of it the most. Argentina earned this skepticism with a 200% inflation rate in […]