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Monthly Archives: January 2018
Fun with S&P 500 snakes and ladders
Investment sales firms like to point to multi-decade charts of smooth upward-sloping return lines as a way to forecast compound returns ad infinitum. Except, I don’t have a time horizon of infinity, and neither do you. In real life, credit … Continue reading
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Smartphone addiction costing us plenty
A 2010 study found that young people between the ages of 8 and 18 were spending 7.5 hours a day consuming media on line and it has gotten worse since. A 2015 Pew Research study found 24% of teens are … Continue reading
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OECD’s Bill White warns of central bank ‘debt trap’
Bill White is the former chief economist for the Bank of International Settlements (the international board of central bank heads), and he’s now head of the OCED review board. His message at Davos this week is rare sobriety amid liquidity-drunk, … Continue reading
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