Itamar Rabinovich, Israel’s former ambassador to the United States, is President of The Israel Institute (Washington, DC and Tel Aviv) and is a senior scholar at Tel Aviv University, New York University, and the Brookings Institution.
Navi Radjou is a Silicon Valley-based innovation and leadership adviser and winner of the 2013 Thinkers50 Innovation Award. He is a co-author of the forthcoming book Frugal Innovation: How To Do More With Less.
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.