Since 1984, September on average posts the 2nd best monthly return for the “1Y Momentum” factor strategy of any month—in particular, it’s the “short 1Y Momentum shorts” which drive the large performance.
"Our new projections are lower across the board for this year, although the direction of travel is still towards higher yields. We now forecast that US 10y yields will be around 3.10% (vs. 3.25% previously) by year-end 2018."
The latest crisis in Turkey’s boom-bust economy raises questions about a development model in which countries like China and Turkey witness moves towards populist rule of one man who encourages massive borrowing to drive economic growth...
"Most of us have been conditioned to believe human life is best organized at scale... operating under a single overarching centralized government structure in charge of micromanaging society from the top down... I consider this paradigm outdated, unnatural and increasingly dangerous."
Amid the chaos and uncertainty of our ever-changing world of tweets, threats, and actions, seeking the safe-haven of so-called "low-vol" or "all-weather" portfolios makes sense right? Wrong!
This month, however, not a single crude oil cargo has been loaded for China, according to media reports, amid growing trade tensions between Washington and Beijing...
...the previously unreported ratings system, which Facebook has developed over the last year, has evolved to include measuring the credibility of users to help identify malicious actors...
“We’re concerned that these and other attempts pose security threats to a broadening array of groups connected with both American political parties in the run-up to the 2018 elections" - Microsoft
"As of today, the Fed’s independence is guaranteed, but Trump has the ability to make his own appointments to the Fed board. If Fed independence does get threatened, you’re going to see a bond market reaction."
