
Chris Brightman, CFA, is CIO for Research Affiliates, Inc.
Chris Brightman, CFA, is CIO for Research Affiliates, Inc.
Is anywhere safe from the threat of high inflation and recession?
Investors should consider repositioning their portfolios now to avoid the zero-to-negative returns of cash and government bonds and to protect against long-term inflation.
Volatility is not the only measure of risk …
The current profits recession may be a short-term phenomenon.
Investment products should do more than just meet investors’ financial needs.
Excess returns to strategies that don’t have a sound theoretical underpinning are likely to be random.
Publicly traded U.S. companies are issuing far more new securities than they’re buying back.
Passive and active stand-alone momentum-based strategies can wipe out the value-add that momentum premium can bring.
In the U.S. market, the answer is a resounding 'yes!'