Portfolio design and management tends to fare best when the rules and structure are relatively simple. But there are limits and so deciding on the degree of simplicity can be a gray area, depending on your definition of “simple” and “complicated,” along with expectations and investment goals. The debate on how far to go with simplicity inspires a fresh look at what I call the hierarchy of decisions in the process of building and managing portfolios through time.
Daily Archives: August 19, 2022
Macro Briefing: 19 August 2022
* US Leading Economic Index falls for fifth straight month
* US jobless claims edged lower last week, continue to reflect low level of layoffs
* Philly Fed Manufacturing Index rebounded in August
* Norway and New Zealand’s central banks announce latest rate hikes
* Turkey’s central bank cuts interest rates despite surging inflation
* Extreme heat strikes world’s three largest economies simultaneously
* US existing home sales fell for sixth straight month in July:
