Why Even a Crystal Ball is No Guarantee

Why Even a Crystal Ball is No GuaranteeA great deal of investment analysts’ time is spent trying to predict the future. How will the new iPhone sell? How many new automobiles will be sold in Europe next year?  What will next week’s employment numbers look like? Who will win the next election? And what will the Fed do about interest rates in the coming quarters? These questions are important to these analysts not because of the answers…

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Possible Effects of Global Imbalances on Investors

Possible Effects of Global Imbalances on InvestorsMcKinsey & Company’s Globalization’s critical imbalances in the McKinsey Quarterly report provides a readable summary of those issues along with some implications that, though they are directed at a corporate audience, provide food for thought for individual investors. Here are a few parts I think to be pertinent: “it would be wise to be prepared for the high probability of future financial shocks. To do so, most companies need to…

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