The U.S. economy is finally rebounding after five difficult years, but the aftermath of qualitative easing, and earnings skewed heavily towards profit over labor, have put the U.S. in a situation similar to Japan’s before its Lost Decade (a period of sustained de-leveraging and economic stagnation, sometimes now called the lost twenty years) that the country only now appears to be truly exiting.
Japan's asset bubble collapse
DG Value Partners was up 1.06% for June, although the fund remains in the red year to date. DG Value is down 7.46% net for the first half of... Read More
For the past ten years, critics of the hedge fund industry have repeatedly claimed that the industry is dying. They point to falling returns, underperformance compared to the S&P... Read More
A recent Mckinsey publication carries an article written by Peter F Drucker in 1967. Titled ‘The manager and the moron,’ it famously, and permanently, branded computers as total morons. Drucker... Read More
Full notes from the “Benefits Of Investing In Emerging Managers” panel from the 2018 Gaining the Edge Conference. Q3 hedge fund letters, conference, scoops etc Also see full notes from the... Read More
After the first rate hike or “lift-off” of 25bps in December, the FOMC will move slowly, spacing out two more 25bp rate hikes over course of next years, believe... Read More
Despite the headwinds now facing the global economy, the S&P 500 rallied 1.5% last week, near to an all-time high. However, despite this rally, according to Bank of America’s flows data,... Read More
Pimco is doing better than expected given the circumstances, notes a new study from Morningstar. Morningstar, which updated its ratings on Pimco’s some 50 funds it rates on the platform,... Read More
China's rise over the past few decades into a global superpower has been staggering. GDP Annual Growth Rate in China averaged 9.7% from 1989 until 2017, reaching an all-time high... Read More
Finding bonds with attractive yields in both the high-yield and investment-grade space, and attractively priced equities with ‘bond like’ qualities is becoming an increasingly difficult task for investors (this... Read More
The bond market in the United States, whether sovereign or corporate, isn't worth getting into. Yields have collapsed under pressure of quantitative easing, and fixed income investors are left... Read More
