Starting today, The ETF Portfolio Strategist will publish a set of total return forecasts each month for the major asset classes, based on a set of models. The goal is to focus on the average of several models in the pursuit of slightly more reliable estimates compared with relying on a single model.
Daily Archives: August 18, 2021
Return Distributions Are A Key Aspect For Risk Management
The search for the holy grail in diversification never ends and, unfortunately, rarely if ever turns up productive discoveries not already widely known. Nonetheless, tracking various facets of diversification is still useful and sometimes essential. That includes monitoring return distributions, which are always in flux.
Macro Briefing: 18 August 2021
* Uncertainty reigns after Taliban’s takeover of Afghanistan
* US investors trim China investments as Beijing’s tech crackdown deepens
* Revised Eurozone inflation confirmed at 2.2% annual rate, highest in 3 years
* UK inflation falling to 1-year-plus low
* US industrial output continued to rebound in July
* US consumer spending in July highlights shift to services
* US retail sales fell more than expected in July:
