Nobel winner, Harry Markowitz explicitly said “It is necessary to avoid investing in securities with high covariances among themselves.” He also said to invest in an asset class one has to have “beliefs about the future performances of available securities.” Therefore the question becomes, how many asset classes are truly needed to develop a fully … Continue reading Why two asset classes?
By 2025, the interest payment on our national debt is projected to surpass military spending. Government estimates expect interest payments will surpass Medicaid funding this year. Since President Trump suspended the borrowing limit, a question remains: how concerned should we be? The U.S. has been in debt for most of its history. However, the national … Continue reading What the future holds