For an indication of how severe an economic downturn will be, look to household debt levels more than corporate debt, according to researchers. In the current environment, that gives some reason for optimism.
Just 11% of US fund managers are women, and fund management teams comprised exclusively of women make up a meager 2% of all equity, fixed income and diversified funds.
After 2022’s stomach-churning roller-coaster ride, we clearly need to be reminded of the most basic rule in finance — the one investors forget most often.