Consumer Behaviour and US Politics — COVID19 Week 9

Consumer Behaviour and US Politics — COVID19 Week 9

Home burnout setting in? Back in an April poll, most Americans indicated they were hesitant to return to pre-COVID-19 activities once the curve was flattened. However, mobility data is showing that most regions of America have started to back away from sheltering-at-home. In late April, the number of US counties that had over 50% of [...]

Active vs Passive Investing

Active vs Passive Investing

For the long-term equity investor, the debate between active and passive strategies rests on three main considerations:  Market efficiencyPortfolio constructionHistorical performance Let's look at each in more detail. Market Efficiency At the centre of the active versus passive debate is the question of whether stock markets are efficient. What is an Efficient Market? In an [...]