The US Dollar is higher but remains close to a 14-month trough versus the Japanese Yen. Once again, it is turmoil in the Trump White House that is to blame for the geopolitical uncertainty in the United States and has effectively ratcheted up worries of a global trade war. Analysts say that Donald Trump took […]

Currently, Asia ex Japan has a larger share of its population in the labor force at 69% ASEAN is just above the world at 67%, note though, that its share of young people is large   By 2050, the ASEAN population is expected to grow by 26%, much more than Asia ex Japan The larger […]

Indian share markets continued to trade negative following losses in Asian and US stocks and as PNB fraud investigation widened. At the closing bell, the BSE Sensex finished lower by 284 points. While, the NSE Nifty finished lower by 95 points. Meanwhile, the S&P BSE Midcap Index and S&P BSE Small Cap Index ended down by 1.3% & 2.1% respectively. Barring consumer durables stocks & FMCG stocks, all sectoral […]

In a series of recent articles I reviewed how style analysis can be used to replicate investment strategies and indexes using only historical returns (see here, here, and here). That’s a powerful application, but it only scratches the surface for productive uses of style analysis. What else can you do? Monitoring asset weights via a broad set of asset allocation […]

Nearly two-and-a-half years after the CFTC officially declared that bitcoin and cryptocurrencies more broadly would be regulated like securities, a federal judge has ruled that the agency does, in fact, have the authority to regulate the fledgling asset class, according to the same rules governing energy and metals, effectively defining cryptocurrencies as commodities. US District […]