In a recent MarketWatch article, contributor Mark Hulbert argues that U.S. equities have performed best when political power is divided. According to Hulbert, “it is increasingly looking as though gridlock…
Day: November 9, 2020
GMO’s Jeremy Grantham on What America Needs Now
GMO founder Jeremy Grantham recently wrote that “the combination of depressed economic growth, rising inequality, negative real interest rates and now the economic impact of Covid-19 makes this the most…
Are Flows Into The S&P 500 And Other Major Market Indices Distorting The Market? (Ep. 51)
There is little disagreement among market observers that passive investing is growing. There is also little dispute that the trend is likely to continue as a result of the rise…