Articles by Michael Amash
Owning Bonds in a Challenging Environment
In the last few months, a considerable amount of attention has been devoted in the financial press to the diminished prospects for bonds going forward. These concerns arise out of the combination of low current yields on bonds and the expected adverse impact on bonds from rising inflation and interest rates, which have been long-anticipated.
Portfolio management: multiple avenues for international exposure
In a previous article, we reviewed the changing role of the United States in the overall global economy and financial markets. While the U. S. remains an important part of the global picture, other economies are growing at a faster pace and claiming a bigger share of the world’s markets.
Global Markets Then and Now: The Changing Role of the United States
Significant changes are unfolding in the world’s equity markets. In the past, the United States dominated the global stock markets, accounting for as much as 54% of the overall markets’ value (as measured by the MSCI All Country World Index). Over the last several years, however, the U. S.
