As usual, educational article from Vanguard.
The most interesting piece is the chart 2, Association of future real equity market returns with various initial conditions: 1926-2011.
http://vgi.vg/1PBdE72
Friday 23 October 2015
Future returns correlations
Tuesday 20 October 2015
UniCredit Austria being sold to Bawag?
"UniCredit SpA advanced 2.8 percent after Der Standard reported the lender may sell its Austrian consumer and small-company business to Bawag PSK Bank AG. "
Bloomberg - European Stocks Fall After ECB Report Dims Prospects of More QE http://bloom.bg/1NljkQ8
Thursday 8 October 2015
Volatility regime change
The new volatility regime in the markets is getting into shape. Mohammed El-Erian offers Six rules for navigating volatile markets
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