Posts by Leonardo Drago

The much feared second wave of virus infections has arrived. Many have been worrying about such an event which may follow the 1918 Spanish Flu, causing a higher death toll

Data shows that not only do stocks not follow changes in GDP, it’s actually GDP that follows changes in stock prices

There are facts, informed extrapolations from analogies to other viruses, and with so much unknowns, most comments are just opinion or pure speculation

A plan based on hard data is the best way to analyse a changing situation

A decade ago, the prevailing investment view was that the world had reached Peak Oil, and oil companies were widely recommended as a core long-term allocation.

Ben Bernake, former Chairman of the Federal Reserve, earned the nickname ‘Helicopter Ben’ when he suggested in 2002 that helicopter money could always be used to stave off deflation.

On 1st October the US Institute of Supply Management Manufacturing data came out much worse than expected, causing a 2-day drop of 2.9%.

The phrase ‘This Time it’s Different’ is described as the four most dangerous words in investing.

“DO AS I SAY, NOT AS I DO” WAS ATTRIBUTED TO PREACHERS, BUT WOULD WORK JUST AS WELL FOR THE INVESTMENT ADVISORY BUSINESS.

How Different Investment Return Calculations Can Show Opposite Results for the Same Portfolio.