Portfolio construction - Old School Rules
It is easy to overthink a portfolio construction because of the massive data you can access - By selecting filters, the investor will be clarifying true priorities (and test their relevance)
Momentum
U.S. dollar - Indispensable and Challenged
Debt issuance in U.S. dollars is privilege but the reserve currency status is a straight jacket with flaws - Expectations run high, everyone wants a piece while American control gets harder, diluting responsability and credibility