More Realistic Retirement Income Projections Require Dynamic Adjustments
The following is based on “Redefining the Optimal Retirement Income Strategy,” from the Financial Analysts Journal. Last month, I explored how retirees typically have some ability to adapt their spending to…
How Do Smart Clients Invest in Themselves? Know Their “Why”
“Ultimately, there’s one investment that supersedes all others: Invest in yourself. Nobody can take away what you’ve got in yourself, and everybody has potential they haven’t used yet.” — Warren…
Is Rising Income Inequality the 40-Year Bull Market’s Hidden Driver?
Economists and market participants have introduced increasingly sophisticated models over the past half-century to explain the ups and downs of the equity markets. With some adjustments to corporate earnings measures…
ChatGPT: The Origins, the Hype, the Opportunity
For most investment managers, ChatGPT represents the starting whistle in a tech arms race many had hoped to avoid. Source link
The Size Factor Matters for Actual Portfolios
The size factor is among those equity risk factors that have provided a premium over the longer term. Recently, however, some researchers have expressed doubt about its utility based on…
Shorting Lousy Stocks = Lousy Returns?
Introduction Playing the stock market should be easy: When the economy is booming, buy equities. When it’s deteriorating, short them. Stock selection shouldn’t take much effort either — we just…
ChatGPT and the Future of Investment Management
Larry Cao, CFA, is the editor of The Handbook of Artificial Intelligence and Big Data Applications in Investments, from the CFA Institute Research Foundation. I committed to writing something about…
The FX Global Code: Why Now Is the Time
Not for syndication. This article cannot be republished without the express permission of RBC Global Asset Management Inc. What if I told you that the largest, most liquid market in…
Agency Capitalism in Private Markets: Who Watches the Agents?
Capitalists once invested and administered their own money. But beginning in the late 19th century, independent managers progressively took charge, first of the businesses to which the capital was tied…
Decoding the Crypto Mindset with NLP: Bitcoin, Reddit, and FTX
The Bubble That Popped But Didn’t Deflate When financial bubbles burst, they usually, you know, burst. So, when the FTX crypto exchange collapsed last November, many crypto skeptics expected bitcoin…
