Old Age

It’s been 3 years since US equities have corrected more than 10%. But there’s no law about how long rallies can last without a correction.

In any event, as diversified, well-positioned investors (as, of course, we believe we are), does it really matter if stocks fall 10%? or 20%? If it does matter, you probably have the wrong portfolio. For the rest of us, volatility really does equal opportunity.

• 16 Mar, 2015

  Rebalancings

  Apologies for slipping on the blogs, but I've been traveling around the continent, from Alaska to DC.One of the more ...

• 18 Nov, 2014

  Spreads

  An interesting graphic from Ken Leech of Western Asset showing that spreads in Bondland this year are pretty much ...

• 7 Aug, 2019

  No Winners

  Berry Gordy, the legendary founder of Motown Records, had a genius for spotting talent and creating stars: Mary Wells, ...