The single most important economic shift of the last two years is one of the most basic: the cost of money. The 15-year era of near-zero percent interest rates is over. Today, "risk-free" government bonds are yielding 4-5%, a reality that fundamentally rewires the...
For the past decade, the dominant investment strategy has been simple: buy an index fund and forget about it. This passive approach delivered stellar returns, largely because a handful of mega-cap tech stocks powered the entire market higher. But that tide is turning. In...
