Andy Warhol once gave a silkscreen portrait of Marilyn Monroe to a sceptical friend. Keep it safe in a closet, said Warhol: “One day it will be worth a million dollars.” Perhaps he undersold himself, given the price recently reached by another of Warhol’s
Investors will need to seek real returns from ‘alpha’ as nominal rate hikes and monetary contraction pierce asset bubbles
Ray Dalio on why history repeats itself in the markets
The region is of pivotal importance in the fight against global warming