Every year J.P. Morgan Asset Management publishes a report on expected capital market returns for the next 10-15 years. Highlights are as foillows: Economy- Real GDP 2.50% Core Inflation 2.25% Fixed Income T-Bills/Cash 2.00% US Aggregate … Continue reading
Monthly Archives: December 2013
(ANOTHER) PERSISTENCE SCORECARD
“Very few (actively managed) funds can consistently stay at the top.” Four years after scoring in the performance top quartile only 3.95% of large cap funds and 1.92% of small cap funds remained there. No mid cap funds did so. … Continue reading
BEWARE DEFLATION — REDUX
John Makin of the American Enterprise Institute continues to sound the delation alarm for both the US and Europe in the attached Central Banks Need A New Plan For 2014. He takes a pretty good swipe at the “hyperbolic crtics” … Continue reading
