This article explores the basics of cryptocurrencies and the important innovation they support, blockchain. I will also discuss whether Bitcoin, or another cryptocurrency, can become a true currency worthy of investment.
Earlier this summer, the Fed raised interest rates -- another step in a trend that economists expect will continue through the end of the year at least. Advisors are also looking at cash as a way to highlight their role as fiduciaries.
“Determinants of Portfolio Performance,” the seminal 1986 paper on asset allocation by Gary P. Brinson, Randolph Hood, and Gilbert L. Beebower (BHB), is one of the most frequently cited – and misunderstood – examples of financial research. But if you correctly interpret its findings, you will realize that they are absurd.
India has embarked on a sweeping reform movement under Prime Minister Narendra Modi, which has attracted investors’ attention. Templeton Global Macro CIO Michael Hasenstab recently visited India, and takes a look at some of the reforms he’s most excited about as a global fixed-income investor.
The world’s major economies are experiencing a steady recovery, and financial markets are showing no signs of convulsion, even as monetary stimulus is gradually withdrawn. This is all the more remarkable when one considers the sharp increase in risk stemming from profound political dysfunction.
Before declaring a winner in the battle of passive versus active management, investors may want to look at what is behind recent performance trends.
The second quarter performance for the stock market was very much like the first quarter performance. Large stocks performed well and growth stocks outperformed value stocks. The table below details the performance for large stocks and small stocks for both the second quarter and year-to-date.
Why is the U.S. housing sector diminishing when demand for housing remains robust?
Twenty years ago, the world was standing on the brink of the Asian Financial Crisis. Here, Templeton Global Macro CIO Michael Hasenstab looks at how the response of local policymakers in the subsequent two decades has impacted emerging markets in general.
Equity market peaks (and troughs) are impossible to identify in advance. But this doesn’t mean that equity investments should simply be “set it and forget it.”