I took the kids to see Jurassic World last weekend and I absolutely flipped for the movie, it was so good on so many levels. I also took a few lessons / reminders away from the film about investing that I thought were interesting. I wrote it up for Fortune and it just hit the…
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Post-Work
Derek Thompson has really outdone himself with his long-form story on the possibility a post-work economy.
Chart o’ the Day: Global Growth Outlook by Country
The “house view” at DB on global growth grates by country, feel free to agree or disagree: Despite the fact that global growth expectations have been marked down slightly since the start of the year, the outlook for the global recovery remains robust Europe stands out as the undeniably positive story this year, even though…
The Riskalyze Report: Advisors Double Down on Rising Rates Bet
At the request of so many investment advisors, my friends at Riskalyze share the big trends in the assets going into and coming out of advisor portfolios every week. The underlying data is aggregated from hundreds of thousands of client accounts across the $44 billion and counting that advisors manage on the Riskalyze platform*. I…
China’s done “lending” to us.
Donald Trump’s recent rant about how we “owe” China bazillions of dollars was hilarious but completely data-free and inaccurate (par for the course). The next time your drunk uncle brings up the topic of our supposed indebtedness to China, feel free to share the below reality, via Besi Research of Grupo Novo Banco: An inevitable…
40 Under 40: “tremendous potential in the financial advice industry”
Thanks to everyone for all the kind words and encouragement surrounding this morning’s 40 Under 40 list published by Investment News. It’s a huge honor to be on a list populated by the likes of my friends Blair, Aaron, Cullen and Meb. Also a thrill to be named alongside so many accomplished entrepreneurs like Shirl…
Clips from Today’s Halftime Report
How are Active Managers Beating the Market? By Taking More Risk.
Savita Subramanian’s group at Bank of America Merrill Lynch is out with an update on the state of actively managed mutual funds, noting that “44% of all managers outperformed” the Russell 1000 index of US large caps year to date. “Value managers had the highest hit rate of 77%, while 36% of Growth and 29%…
Are Quants the New Systemic Risk?
The difference between this year’s Euro Brinksmanship and the old 2010-2011 version is that this time, the banks don’t give a f**k. Literally. The ECB is buying $60 billion or so of sovereign debt securities every month and the sovereigns have most of the “Greek risk” now. Remember back in 2011 when Bank of America…
This Week on TRB
Got to interview legendary Aerosmith drummer Joey Kramer this week, so cool! These were the most read posts on the site this week, in case you missed it:
