Posted October 13, 2024 by Ben Carlson Through the end of September, the S&P 500 was up more than 36% in the prior 12 months. That’s a good return. In fact, it’s good enough to put it in the top 10% of one year returns going all the way back to 1926. The stock market … Read more
With nearly half of all homes in the United States at risk of “severe or extreme” damage from events like flooding, high winds, and wildfire, the perfect storm of climate risk and legal system abuse creates obstacles for homeowners. It also threatens a more financially vulnerable segment of the housing market, as increased premiums and … Read more
A few years ago I wrote about market efficiency and investing edge – and about how you don’t have it. But let’s dig deeper into why this is true. You often hear from retail punters and professional investors alike that passive (or index) investing makes markets less efficient. Their argument is that this inefficiency is … Read more
Responding to the potential impact of losses from hurricane Milton, the catastrophe bond market has fallen by just 1.34% at the end of week pricing of the index calculated by Swiss Re Capital Markets, while the US wind specific version of the cat bond index fell by only 3.64%.It’s a stark contrast to how the … Read more
Oct 12, 2024Ravie LakshmananCryptocurrency / Cybercrime The U.S. Department of Justice (DoJ) has announced arrests and charges against several individuals and entities in connection with allegedly manipulating digital asset markets as part of a widespread fraud operation. The law enforcement action – codenamed Operation Token Mirrors – is the result of the U.S. Federal Bureau … Read more
