asset

The optimism already priced into many asset classes will require the robust economic growth that comes from productivity acceleration.

There is also less interest in dollar assets globally.

Simply put, investors borrow cheaply in yen, and put the money to work in higher-yielding assets such as domestic and international stocks.

He’s long been running a notional portfolio he calls “All Asset No Authority,” which I’ve written about before and which consists of equal investments in seven different asset classes, one of which is gold bullion.

I already question why asset managers are necessary for individual investors, especially those managers who don’t pick stocks and instead invest only in low-fee index funds and ETFs.