What to Expect in 2021

/ March 26, 2021

Over the past several weeks, a sharp spike in bond yields has created volatility in equity markets. In particular, the Nasdaq and many tech companies have come under scrutiny as investors have reconsidered their exposure to these historically expensive securities. Inflation has also been a red-hot topic as new stimulus gets distributed and further stimulus is being discussed in Washington.

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Schrodinger’s Market, Cognitive Dissonance, and Hyperinflation

/ January 22, 2021

Lewis Carrol’s tale summarizes the intuition behind the paradox of quantum superposition: in Schrödinger’s famous thought experiment, a cat can be both alive and dead at the same time. Schrödinger’s twisted logic was surely required to make sense of a week during which a mob stormed the U.S. capitol and stock prices broke multiple records.

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The Second Cold War

/ November 27, 2020

Thanks to our partnership with Gavekal, Evergreen has a unique view into what’s happening in China and, more broadly, Asia. Over the last couple of years, the tit-for-tat trade and technological war between the United States and China has been consistent front-page news, raising alarms as to how badly the relationship might further devolve.

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Swimming with the Target-Date Whale

/ October 16, 2020

Even hard-core EVA fans are probably tired of reading about how much I read.  But believe me, you’re not as tired of reading it as I am of doing it!  Occasionally, though, I come across something so unique and interesting that it makes it worth ploughing through the 1,000 or so pages I read per week that are for the most part kind of, well, meh.

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