Nearly every investor is confronting the challenge of how to invest in a low growth, low return environment. Investors must rethink portfolio construction.

The extreme thirst for yield has pushed the US high yield debt cycle into unchartered territory. It is approaching shakeout - with long/short opportunities amongst the beneficiaries of the current cycle.

China's credit-fuelled investment growth phase is reaching its end game and new sources of growth are needed to drive the economy.

Markets are focused on the economic cycle as an indicator of central bank actions. But inflation should be the most important macro indicator on the radar of investors.

More than ever, investors need to filter out the noise and consider the geo-political developments which are shaping the world.

Most economists continue to view the economic future as more rosy (if their forecasts of economic acceleration are any guide) while the Fed is implicitly saying the same by raising rates and forecasting further rate rises. But there are three main reasons caution.

Australia is increasingly resorting to "debt bubble economics" - exactly what caused bubbles and major busts in the US and other economies in recent decades.

Monte Carlo analysis is the most common tool used to project portfolio values - yet it has an optimistic bias that sizeably underestimate required retirement savings.

In Fodder this week - Niall Ferguson, Dominic McCormick, Olivia Engel, James Lear, and Alex Wolf's Markets Summit presentation.

In Fodder this week - Niall Ferguson, Dominic McCormick, Olivia Engel, James Lear, and Alex Wolf's Markets Summit presentation.

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Fodder leads with Professor Niall Ferguson, reflecting on the lessons history provides for those supporting "Brexit". Plus more from Marko Papic, Wade Pfau, Bob Gay, & Rob Mead.

Fodder leads with Professor Niall Ferguson, reflecting on the lessons history provides for those supporting "Brexit". Plus more from Marko Papic, Wade Pfau, Bob Gay, & Rob Mead.

The lesson of history is that British isolationism is a trigger for continental disintegration. A vote for Brexit will mean Britain will have to "Breturn" sooner or later, to sort out the ensuing mess.

Notwithstanding an extended period of stability this year, the Chinese Yuan remains fairly high on investors' lists of global risk factors. Perceptions of vulnerability remain and are worth addressing.

Retirement income planning is a relatively new field that differs from traditional wealth accumulation. Eight key ideas serve as a manifesto for my approach to retirement income planning.

We expect the US election to start mattering to markets at the end of August, once the two candidates are chosen. Policy uncertainty will rise and the US equity risk premium with it.

Retirees and their pensions are being sacrificed for what now passes as "the greater good." ZIRP has created a massive problem for retirement savers and pension fund managers. NIRP will make their problem worse.

In Fodder this week - NIRP - is it the death knell for retirement? With Tim Farrelly, Woody Brock, John Mauldin, Joanne Earl, and Joanne Warner

In Fodder this week - NIRP - is it the death knell for retirement? With Tim Farrelly, Woody Brock, John Mauldin, Joanne Earl, and Joanne Warner