I Wager Pascal Would Agree

Below is a synopsis of this investment report: Blaise Pascal was a brilliant mathematician and philosopher, and his “wager” can be used as a proxy for gauging investment risk against expected return. Long-term government bonds have been on a tear, but the lessons from Pascal tell us t
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A Negative What?

Below is a synopsis of this investment report: Late last week, Japan introduced negative interest rates on a portion of deposits held at their central bank. A negative interest rate was considered inconceivable a decade ago, but today, close to 25% of global government debt outstandin
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