A Review of Global Macro Mutual Funds

A Review of Global Macro Mutual Funds Investable, but uninvestable. September 2024. Reading Time: 10 Minutes. Author: Nicolas Rabener. SUMMARY Global macro mutual funds have too much equity exposure High Sharpe ratios do not imply high diversification benefits...

Profitability & Leverage of U.S. Sectors

Profitability & Leverage of U.S. Sectors How concerned should investors be about rising interest rates & corporate defaults? July 2024. Reading Time: 10 Minutes. Author: Nicolas Rabener. SUMMARY There were divergent trends in profitability and leverage across...