Recently, the Federal Reserve released its latest Financial Accounts of the United States report previously known as the Flow of Funds Accounts. The Fed’s Z-1 release analyzed $28 trillion... Read More
In his latest Q4 2020 Shareholder Letter, Eric Cinnamond discusses the disconnect between market valuations and fundamentals, adding as investors we have a choice, we don’t have to overpay.... Read More
Alarms are being raised around investment-grade BBB rated debt, but they’re oversimplifications. These charts help tell the story.
Q3 hedge fund letters, conference, scoops etc
Investors rely on investment-grade bonds to... Read More
The price/earnings ratio (P/E) has a multiplier effect on stock returns. Over 10–20 years, it can dramatically increase or decrease your total return.
Q4 hedge fund letters, conference, scoops etc
mohamed_hassan / Pixabay
In... Read More