October 2007, Wealth Manager
Inflation looks beat, but don't write the obit just yet.
By James Picerno
InflatIon’s outlook runs hot or cold, dependIng
on the prevailing economic and monetary temperature. As an
historical matter, however, the trend is clear.
Continue reading "DOWN AND OUT?" »
November 2007, Wealth Manager
Can a risk metric remain influential after it's pronounced dead?
Yes, if its name starts with a "b".
By James Picerno
Beta’s Been declared dead for so
long, by so many, that it’s tempting to dismiss
the risk metric as a museum piece. Yes,
it’s hotly debated, and probably always will
be. Like any quantitative tool, it comes with
its own brand of benefits and flaws. But
even a disputed beta remains a potent force
in finance.
Continue reading "ALIVE & KICKING" »