James Picerno·5d agoThe ETF Portfolio Strategist: 08 NOV 2026Trend Watch: Global Markets & Portfolio Strategy Benchmarks
James Picerno·Aug 4Total Return Forecasts: Major Asset Classes | 4 August 2026The expected total return for the Global Market Index (GMI) continued to edge higher in July, extending the recent run of upward revisions…
Global Equities Edge·Jul 23EM equities offer the only real asymmetric trade left in global marketsS&P 500 concentration hit levels not seen since 1929 while EM stocks trade at a 40% discount to developed peers with better demographics…
James Picerno·May 10The ETF Portfolio Strategist: 10 MAY 2026The relationship between risk and return in financial markets has always been a bit mysterious. Although researchers have uncovered key…A response icon1A response icon1
Inflo. ARN-334878·Feb 17Static Asset Allocation Is a 20th Century IdeaThere was a time when a 60:40 portfolio felt revolutionary.
James Picerno·Jan 25The ETF Portfolio Strategist: 25 JAN 2026Global markets have been mostly flat in recent days, albeit with a run interim volatility that’s rattled nerves and triggered ominous…
James Picerno·Dec 14, 2025The ETF Portfolio Strategist: 14 DEC 2025 — Trend Watch: Global Markets & Portfolio Strategy…
James Picerno·Nov 9, 2025The ETF Portfolio Strategist: 09 NOV 2025Markets writ large were mixed last week, but the net effect was modestly negative for global asset allocation strategies. For the first…
James Picerno·Nov 7, 2025There’s no consensus on what defines “tactical” for asset allocation, but I know it when I see it.Strictly speaking, it’s tempting to define anything other than a buy-and-hold strategy as tactical. But that goes a step too far. If you…
James Picerno·Nov 4, 2025Total Return Forecasts: Major Asset Classes | 04 November 2025The Global Market Index (GMI) remains on track to generate a 7%-plus annualized total return for the long-run outlook, based on data…
