An Investor's Guide to Everything

About the Book

Making investment decisions today is incredibly difficult. With interest rates at historic lows, and the Fed about to unwind quantitative easing, bonds carry a lot of risk for little reward. At the same time, stocks look fully valued (or overvalued) by nearly every traditional measure… and if the Fed does tighten, history indicates big problems ahead for equities.

Most investors face a problem they’ve never seen before. At these levels, bonds simply cannot serve their traditional functions of downside protection and income production. Read More