After collapsing 94 percent from its peak in June 2008, the Baltic Dry Index, which measures global daily prices for shipping raw materials, is up 427 percent year-to-date (through June 22). It still needs to climb another 189 percent in order to...
The central tenet of Modern Portfolio Theory is that diversification should maximize your portfolio's return at any given level of risk tolerance. Or, as David Swensen, the chief investment officer of Yale's endowment, puts it: Forget about...
So much for those green shoots, say two economic historians, Barry Eichengreen at the University of California at Berkley and Kevin O'Rourke of Trinity College, Dublin. Globally, we are tracking or doing even worse than the Great Depression...
Financials have not yet reclaimed the crown, but they are making a comeback, as measured by their weighting in the S&P 500. While technology is still the biggest sector, accounting for 18.4 percent of the S&P 500 index, the financial sector has...
It is tempting to declare the recent rally in financial shares, and the market in general, the real deal. After all, some formerly bearish (and respected) analysts believe the upswing indicates a real turn in the markets, or, at least, is likely...
Challenges to conventional investment wisdom abound these days. Now Jim Rogers says diversification is garbage—stick with what you know, pick the right basket, put all your eggs in that baby and let it ride.