Passive portfolio management is attractive in a world where investment outcomes are heavily influenced by a common global factor.
That was the world of QE and lowflation argues @elerianm
That is no longer our world. -> asset selection becomes essential.
ft.com/content/3003ca…
RT @BJMbraun: How to be an effective political economist: Laser focus on the neuralgic points of the state-market nexus, follow
May 18, 2023
RT @BJMbraun: How to be an effective political economist: Laser focus on the neuralgic points of the state-market nexus, follow the money,…