Don’t Run! It’s not what you think
The start of February has brought volatility back into the bond and equity markets. The 10-year Treasury started the month yielding 2.79%, traded up to 2.84%, then down to 2.71% and currently is at 2.90%. The S&P 500 started the month at 2,823 traded down to 2,648 and has recouped a few points 2,695. Hmmm. […]
Update on Recent Market Volatility
Even with the portentous headlines amid the recent volatility, Alaska Permanent Capital remains cautiously optimistic. Our team has summarized the current market volatility, placing some context around this short-term decline in stock prices. Why Alaska Permanent Capital is Cautiously Optimistic Now: Global economic data continues to point to a broad economic expansion that began in […]
Pursuing the Holy Grail of Economic Development
The travel bug bit me in November 1989 when I participated in a cultural exchange with the students from the former Soviet Union. I don’t know exactly when the bug bit me, but it was somewhere between stepping on board the Finnair DC-10 at JFK, that imposing Soviet border guard telling me he liked my […]
Slicing Up the Return Pie
Happy New Year! For our first post in 2018, I follow up on Kirsten’s excellent post to explain more about risk premia (factors). Kirsten explained that industry advancements and academic research continues to deepen our understanding of where portfolio returns come from and how to mitigate risks. New products broaden our ability to access those […]