By Frank Armstrong III, Contributor Factor investing is a refinement of Bill Sharpe’s early theory (Capital Asset Pricing Model or CAP-M). Investors don’t like risk, so they demand an extra return above what they could get for a no-risk investment in return for enduring an irregular or uncertain result. …read more
It doesn’t just feel good to pay off debt, it can improve how your mind works, new research suggests.
By Enrique Dans, Contributor Lyft’s IPO establishes two points: first, that huge, medium-term losses and placing hopes of profitability in a vague “someday” is the new normal. The second is that large numbers of investors believe that autonomous driving technology will be adopted within a reasonable time frame. …read more
An endorsement from one of the greatest value investors of our generation, and a big owner of shares in Wells Fargo, usually is worth its weight in gold.
By Raul Elizalde, Contributor Unlike the difference between 2- and 10- year interest rates, which is criticized as a recession signal because of policy distortions and is not yet in danger territory, forward rates may provide an apples-to-apples measure that already points to a recession within the next 12 months. …read more
Rates for home loans tumbled in the wake of a more-dovish-than-expected Federal Reserve meeting which sent investors piling into bonds.