The founder and executive director of the Drug Policy Alliance, which promotes alternatives to the global war on drugs and author of Cops Across Borders: The Internationalization of US Criminal Law Enforcement.
Chandran Nair is the founder of the Global Institute For Tomorrow (GIFT) and co-founder and chair of Avantage Ventures, a social investment advisory firm based in Hong Kong. He is the author of Consumptionomics: Asia’s Role in Reshaping Capitalism and Saving the Planet.
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.