Opinion: Market instability replaces inflation as the biggest risk, raising the chances of a pivot by the Federal Reserve

Market instability is the biggest risk to central banks globally, replacing inflation, owing to massive amounts of leverage.So far, the US Federal Reserve is fortunate because there's low volatility in…

Continue ReadingOpinion: Market instability replaces inflation as the biggest risk, raising the chances of a pivot by the Federal Reserve

Opinion: Rate hikes are spooking the market, but stock investors are focusing on the wrong rate

The stock market has been spooked by rising interest rates. Let's think carefully, from a value investing standpoint, about these fears. Warren Buffett famously argued that investors should think of…

Continue ReadingOpinion: Rate hikes are spooking the market, but stock investors are focusing on the wrong rate