Desperately searching for a fresh dose of chatter about risk metrics? You’re in luck. In my latest article for Financial Advisor, I consider a few of the possibilities for replacing, or at least supplementing the Sharpe ratio, the granddaddy or risk measures. The story’s in the March issue, although you can find the online version here.
Daily Archives: March 30, 2012
Consumer Spending Up Sharply In February As Personal Income Growth Stays Sluggish
Consumer spending rose sharply in February, the Bureau of Economic Analysis reports. Unfortunately, income growth was weak again last month, raising fresh worries about the economic outlook.
Is Extremism In The Defense Of The Gold Standard An Economic Vice?
It’s human nature to emphasize the points that advance your claims while minimizing the facts that undermine it. We all do it in some degree, and sometimes for practical reasons, such as brevity. But there are limits to cherry picking the facts. At some point your credibility suffers if you go too far and slice your reasoning too thin. Yet that’s a risk that advocates for reviving the gold standard don’t seem to understand.