Determining an exact value for gold isn’t easy—but the pressure to do so is diminished by the fact that, for most investors, gold shouldn’t be a short-term investment. The drop in silver’s price earlier this month suggested that some major…
Call #1: Maintain Overweight Healthcare This week, our attention turns to the recent slowdown in the global economy and what it means for investors. Over the past month, both equity and commodity markets have staged a modest retreat. A large part…
While last week ended with LinkedIn’s successful IPO and subsequent worries about a tech bubble, this week began with former Obama economic advisor Christina Romer critiquing Fed policy: “In a depressed economy,” she writes, “it isn’t so…
With global equity markets up over 100% from their 2009 lows, many investors are questioning whether it is time to lower their strategic allocation to stocks. While there are no shortages of risks facing global equity markets, overall we find…
A new report finds that more and more institutional investors are making ETFs part of their portfolio strategy, and that’s good news for retail investors. With many financial innovations, institutional investors are often the first in; they hear…
ANSWERS Answer: A. Although an ADR is denominated in US dollars, it represents ownership of stock in a non-US company. The ADR’s price will track (in theory, anyway) the local price of the stock of the company on their local market. If the…
What is the outlook for global inflation, and how should investors prepare their portfolios? Russ Koesterich discusses the extent of inflationary expectations in both developed and emerging markets, and reveals what investors can do to protect…
Call #1: Underweight Long-Term Treasuries As negotiations continue in Washington over the federal debt ceiling, our calls this week focus on the question: what is the debt ceiling and why does it matter to investors? The federal government is…
While the IMF bade farewell to one head and considered replacements, World Bank released a report on “the new global economy” which predicted that today’s emerging economies will grow, on average, by 4.7% a year until 2025. What about…
Headlines of late have been filled with news about inflation, from rising commodity, precious metals and gas prices to higher prints of the consumer price index. Traditionally investors have looked to US real estate, commodities and US TIPS as…
