U.S. asset inflation and the savings glut
Assets are bound to be in limited supply - it is inexhaustible demand, unshackled by access to abundant credit which needs to be understood
Large Cap
New NATO - Who holds the cards ?
European national interests are exposed to unstable arbitrage, and options are volatile - The best of times to boldly stamp NATO's expectations held for the future
Afghanistan - Un ballo in maschera
Everyone knew, every U.S. agency, every NATO ally, every Afghan warlord knew of America's inevitable withdrawal, and everyone stayed masked, for the sake of appearances, out of geopolitical interest or simply out of greed...About time to draw some lessons
America in Afghanistan - the Best and the Brightest
This is the title of the 1972 account by journalist David Halberstam of the failings in America’s Vietnam War. With the dismal end of the latest U.S. venture in Afghanistan, breast-beating is once again the order of the day
Balancing risk and return expectations over the business cycle
With the launch of a number of low volatility funds, the fact higher risk may not after all – and over time – be rewarded with higher performance, as the theory suggests, has been given publicity