Oct 19, 2021Jan-Werner Mueller
advises the media on how to avoid ushering in another Donald Trump presidency, clarifies the meaning of populism, and worries that we are underestimating authoritarian regimes.
The longstanding negative correlation between stock and bond prices is an artifact of the low-inflation environment of the past 30 years. If inflation and inflation expectations continue to rise, investors will have to rethink their portfolio strategies to hedge against the risk of massive future losses.
shows why the hedging strategies of the past three decades may no longer make much sense.