After seven years of massive amounts of QE and nearly four of yield curve control, the BoJ has yet to sustainably keep inflation at its 2% target or revive GDP growth meaningfully.
COVID-19 has changed the municipal bond landscape. Find out how.
Portfolios comprised of top-notch equities and bonds coming into the economic and market crises should do even better coming out of it.
Correlations in “growth” and “value” equity factors may undercut the diversification benefits of benchmark-relative exposures to sectors and geographies. Consistent portfolio balance by “styles,” though, can lower beta and lift alpha.