By Lewis Johnson - Chief Conclusion Investors must protect themselves from the Siren song of deceptively important “news.” While news can change daily, the value of a company’s assets and business change only[…]
POSTED ON
March 9th
- POSTED IN
Bonds,
Portfolio Construction for a Challenging World,
Risk,
Cycles,
Indicators,
Thinking About the Future
By Lewis Johnson - Chief Conclusion Investors underweighting the highest quality and longest duration bonds are ignoring the tail risks of deflationary shocks from China and Europe. Such positioning may disappoint[…]