Stocks, Rates, and the Value of Time

Stocks have spent months falling in fear of higher interest rates, and the future looks gloomier with a war and higher commodity prices. So why did the market soar when the Federal Reserve hiked interest rates by 25 basis points? To understand this, we need to go back to one of the basic building blocks of finance: time.

Investing for a Nuclear Apocalypse

Recently a couple of Wall Street banks sent notes to clients about how to invest for a nuclear war and the end of the world. Sound crazy? These are crazy times…but what will happen to finance in a post-apocalyptic nightmare?

What Russia Got Wrong about Finance

To be successful in the markets, you need to care more about making a profit, and Russian investors are now learning that the complexities of financial infrastructure and financial theory matter much more than “line goes up”.