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The Latest on Equities, Bonds, Economics, Behavioural Investing, Climate Change & More
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Peter Elston
Jun 30, 20193 min read
A Word in Your Ear
For such a simple word, risk is quite hard to define. It is generally agreed that it pertains to danger of some sort, but that is where...
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Peter Elston
Nov 1, 20154 min read
Why equities are less risky than bonds
Here’s a question. From November 1940 to September 1981, the annualised standard deviation of real returns from US long dated bonds was...
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Peter Elston
Jul 31, 20074 min read
Why There’s No Market Turmoil on Vulcan
It is hard to think of something to say about the recent upheaval in world financial markets that hasn't already been said either this...
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Where's My Cycle?
An update on where I think we are in the business cycle with respect to growth, inflation and markets
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Correlation or causation?
Data is too often presented in an unfair, unclear and misleading way
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Dear John
Liontrust's John Husselbee's arguments in support of balanced funds are lame
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