Author: David Schawel, CFA, FSA

A Dangerous Real Estate Fund?

A Dangerous Real Estate Fund?

Beginning in 4Q17, we separated the Real Estate sector from the Financials sector in order to provide better insights into these two very different market segments. Based on our 4Q17 Sector Ratings for ETFs and Mutual Funds, the Real Estate […]

After 9 years the Fed finally raised interest rates. Fed Chair Yellen took the historic step after her predecessor, Ben Bernanke, lowered rates to 0% during the depths of the 2008 global financial crisis.

The Biggest Carry Trade In The World

The Biggest Carry Trade In The World by David Schawel, Economic Musings By now, everyone knows that the Fed hiked rates yesterday. What most people don’t realize though is that the economics of the “biggest carry trade in the world” has […]