June’s publication summarizes two articles that present two perspectives on risk parity. “Risk Parity and Diversification,” by Edward Qian of PanAgora Asset Management, The Journal of Investing, Spring 2011. “The Dangers of Risk Parity,” by Ben Inker of GMO, The Journal of Investing, Spring 2011.
May’s publication summarizes four articles that explore the possible impacts of the end of quantitative easing in the United States. “QE2 – Apres Moi, le Deluge,” by John Hussman, Hussman Funds, March 28, 2011. “Fearing Fear Itself,” by Gerard Minack, Morgan Stanley, April 1, 2011. “Two-Bits, Four-Bits, Six-Bits, a Dollar,” by Bill Gross, PIMCO, March…
April’s publication summarizes three articles on the timing and impact of inflation in emerging markets. “Emerging Markets Food Inflation to Peak in the Summer,” by Dominic Wilson, Goldman Sachs, April 6, 2011. “Inflation Risks Remain Skewed Toward the Upside,” by Chetan Ahya, Morgan Stanley, March 31, 2011.
March’s publication summarizes three articles that assess the potential implications of the recent rise in oil prices. “Oil Shock: A Mild Challenge to the Expansion,” by David Greenlaw, Morgan Stanley, March 4, 2011. “Oil Risks on Both Planets,” by Global Economics Weekly, Barclays Capital, March 4, 2011. “The Implications of the Oil Price Surge,” by…
February’s publication summarizes four articles that discuss the outlook for U.S. profit margins in 2011. “Record S&P 500 EPS for 2011: 12-Month S&P Target Now 1,400,” by David Bianco, Bank of America Merrill Lynch, December 2, 2010. “The Coming Flattening in U.S. Profit Margins,” by Richard Berner, Morgan Stanley, January 14, 2011. “Easy Money, Hard…
January’s publication summarizes three articles that discuss how secular changes in the supply and demand of certain commodities will impact their prices and those of other assets. “2011 Outlook: The Return of the Cyclical Bull Market,” by Jeffrey Currie, Goldman Sachs, December 13, 2010. “Food Commodity Inflation as a Global Macro Influence,” by Bob Prince,…
December’s publication summarizes three articles that discuss various outlooks for global markets in 2011. “Global Markets Outlook and Strategy,” by Jan Loeys, J.P. Morgan, December 1, 2010. “Don’t Fight the Reflation Trade,” by Larry Kantor, Barclays Capital, December 9, 2010. “A Radical Approach to Asset Allocation,” by Byron Wien, The Blackstone Group, December 2010.
November’s publication summarizes three articles with various viewpoints on opportunities for investors in emerging markets equities from both a current and longer-term perspective. “Emerging Market Uprising: What It Means for Investors,” by George Magnus, The Boeckh Investment Letter, October 25, 2010. “Emerging Markets Equity in Two Decades: A Changing Landscape,” by Timothy Moe, Goldman Sachs,…
October’s publication summarizes three articles that explore the impacts of quantitative easing on developed and emerging markets. “Benefits and Costs of QE2,” by Peter Hooper and Torsten Slok, Deutsche Bank, September 29, 2010. “The Recklessness of Quantitative Easing,” by John Hussman, Hussman Funds, October 18, 2010. “QE-20: The Global Monetary Analyst,” by Joachim Fels, Manoj…
September’s publication includes summaries of three articles. The first examines the factors behind deflation in Japan to assess the likelihood of Europe or the United States following this path. The second looks at cyclical flows between money market, bond, and equity funds. The third discusses the mixed evidence that the U.S. bond market is in…