Can bonds keep beating stocks?
D iversification, goes an adage attributed to the late Harry Markowitz, is the only free lunch in investing. The idea later helped him win a Nobel prize for economics. Markowitz’s genius was to realise that a portfolio spread across lots of assets could have the same potential for returns as a more concentrated one, but with less scope for losses. In other words, diversification allows investors to take less risk without sacrificing reward—quite some freebie.
The country’s economy is thriving yet the krone is becoming less and less valuable. What’s going on?
The proposal, supported by Donald Trump and Joe Biden, would be puny at best and wasteful at worst
Pity those who rely on the breakfast staple
Does it give up—or insist on painful reforms?
That is despite a stingy tax-and-transfer system
Even though the Federal Reserve is about to loosen monetary policy
https://www.economist.com/finance-and-economics/2024/09/12/can-bonds-keep-beating-stocksA source: www.economist.com/finance-and-economics/2024/09/12/can-bonds-keep-beating-stocks