by Nicolas Rabener | Nov 22, 2021 | Uncategorized
Musing About S&P 500 Valuations Seeking greener pastures November 2021. Reading Time: 10 Minutes. Author: Nicolas Rabener. SUMMARY The valuation of the S&P 500 depends on portfolio construction Analyst EPS projections are likely overly optimistic PEG ratios of...
by Nicolas Rabener | Nov 15, 2021 | Uncategorized
Inflation-Themed ETFs: As Complicated as Inflation Good proxies for inflation? November 2021. Reading Time: 10 Minutes. Author: Nicolas Rabener. SUMMARY Given the importance of inflation as a topic, there are surprisingly few inflation-themed ETFs The few available...
by Nicolas Rabener | Nov 8, 2021 | Uncategorized
The Mirage of Direct Indexing A rare free lunch? November 2021. Reading Time: 10 Minutes. Author: Nicolas Rabener. SUMMARY Direct indexing is one of the growth areas in the asset management industry However, direct indexing represents active management, specifically...
by Nicolas Rabener | Nov 1, 2021 | Uncategorized
Short-Term Momentum in Stocks, Commodities, and Cryptos Retail vs institutional investors November 2021. Reading Time: 10 Minutes. Author: Nicolas Rabener. SUMMARY Developed markets have evolved from momentum to mean-reversion markets Other markets like EM or cryptos...
by Nicolas Rabener | Oct 25, 2021 | Uncategorized
Does the Equity Market Lead the Currency Market? Market timing should be impossible October 2021. Reading Time: 10 Minutes. Author: Kaushik Ganesan. SUMMARY Past equity market returns seem to predict currency returns Such a currency timing strategy may be interesting...
by Nicolas Rabener | Oct 18, 2021 | Uncategorized
Long Volatility Strategies: Hedge Funds vs DIY Replicating Masters of the Universe October 2021. Reading Time: 10 Minutes. Author: Nicolas Rabener. SUMMARYLong volatility exposure is typically achieved via hedge fundsA simple DIY strategy would have generated...
