Allison Schrager

Mounting debt and the possibility of inflation do pose a serious long-term risk to US bond returns and the dollar.

What does ‘responsible investing’ even mean anymore?

Too many policies that promote fairness also promote zero-sum thinking about the economy, under which more opportunity for the less fortunate means less opportunity for everyone else.

The economy needs a little bit of unfairness

For the last 20 years or so, it was possible to do well in markets without taking risk management all that seriously. That won’t cut it anymore – unless you are willing to tolerate lots of volatility, or even years of low returns.
THE BOTTOM LINE

What if this time really is different for investors?

The real game changer may have been the increased popularity of remote work.
THE BOTTOM LINE

It’s a good time to be a working woman

Going mainstream has revealed Bitcoin's true value. Now it is just another asset class, about as exciting as a bond fund, but much more volatile and with far less ability to diversify its risk.

Crypto is going mainstream, which means it’s over

The evidence is pretty weak that the Fed’s short-term rate interference has much influence on longer-term rates.

Three myths about the bond market

NEW YORK, NEW YORK - AUGUST 31: Traders work on the floor of the New York Stock Exchange during morning trading on August 31, 2023 in New York City. Stocks on the major indexes opened up high amid the release of inflation data and Department of Labor’s jobs report. Both figures come weeks before the Federal Reserve holds their next interest-rate policy meeting. The gains have helped the major indexes cut their monthly losses.   Michael M. Santiago/Getty Images/AFP (Photo by Michael M. Santiago / GETTY IMAGES NORTH AMERICA / Getty Images via AFP)

Private equity won’t diversify your portfolio

For most jobs, much less work means less output, which means fewer goods and services.

Less work is making people more unhappy

Sure, everybody knows that with higher expected returns comes the bigger risk of loss. But time and time again investors put this most basic rule to the test in a kind of bull-market delirium.

The one true secret to successful investing