Regular EVA readers are no strangers to Danielle DiMartino Booth, former senior adviser to Dallas Fed President Dick Fisher before and after the housing bust. Even sporadic viewers of CNBC are likely to have seen her repeatedly interviewed on nearly all things Fed-related.
Sometimes our newsletter has been accused of writing too technically about financial markets. Truth be told, it’s a constant juggling act to write something that caters to casual market observers as well as to those who pore over the meeting minutes every time the FOMC convenes.
It’s been nearly a year since our newsletter last touched on the passive investing phenomenon. And yet, despite its absence from these pages, direct asset flows into passive vehicles have continued to outdo their active counterparts at a dizzying pace.
The second quarter of 2018 kicked off with a bang as growing tensions in technology and trade sent investors searching for cover on Monday. In fact, it was the worst April start since… drumroll please… 1929.
On September 22, 2017 we ran a piece from one of our trusted partners at Gavekal titled “Robots Everywhere, But the Statistics.” The main purpose of the research was to call out an area where real-world data didn’t jive with widespread belief. In a similar vein, this week’s Guest EVA comes from the voice of a world-renowned expert in the field of Artificial Intelligence (AI), Rodney Brooks.