Investing

The Four Horsemen

In their Complete Guide to a Successful & Secure Retirement, Larry Swedroe and Kevin Grogan identified the four horsemen of the retirement apocalypse at the time. The first horseman was historically high equity valuations. The second horseman was historically low bond yields. The third horseman was increasing longevity of life. The fourth horseman was the …

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Investing

Another Great Debate

Lots of debates in the financial markets going on today that will probably continue for the foreseeable future. They all seem to come back to one debate in particular, inflation versus disinflation. I’ve written about that a few times and have concluded that nobody can predict with any reliable certainty what is going to happen …

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Economics Investing

Expectations versus Reality Follow Up

In April, I wrote about inflation expectations versus reality. Today’s post is a short follow up to that one displaying a chart from TLR Analytic’s Philippa Dunne and Doug Henwood showing inflation expectations versus actual inflation outcomes. The expectations come from the Conference Board’s expectations survey. The gist of Ms. Dunne’s and Mr. Henwood’s observation …

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