Category Archives: Bonds

Redacted Version of the December 2014 FOMC Statement

October 2014 December 2014 Comments Information received since the Federal Open Market Committee met in September suggests that economic activity is expanding at a moderate pace. Information received since the Federal Open Market Committee met in October suggests that economic activity is expanding at a moderate pace. No change. This is another overestimate by the […]

Problems in Simulating Investment Returns

Simulating hypothetical future investment returns can be important for investors trying to make decisions regarding the riskiness of various investing strategies.  The trouble is that it is difficult to do right, and I rarely see it done right.  Here are some of the trouble spots: 1) You need to get the correlations right across assets. […]

Redacted Version of the October 2014 FOMC Statement

September 2014 October 2014 Comments Information received since the Federal Open Market Committee met in July suggests that economic activity is expanding at a moderate pace. Information received since the Federal Open Market Committee met in September suggests that economic activity is expanding at a moderate pace. No change. This is another overestimate by the […]