Don’t ask for recommendations from family and friends.
Corporate credit markets are more exposed to duration risk than at any other time in history.
If the 2020 economy was defined by what letter would best describe the rebound, 2021 will be about reflation versus inflation.
The strategy has disappointed before — and the periods that followed were hugely lucrative for investors who still believed.
Conventional wisdom about the strategy’s slump doesn’t stand up to scrutiny.