Effectively, it's a government-run hedge fund that invests in assets like stocks, bonds, real estate, and infrastructure.

As I’ve written repeatedly in recent months, the U.S. stock market is extremely overvalued, with an expected return over the ...

As I've written repeatedly in recent months, the U.S. stock market is extremely overvalued, with an expected return over the next decade that is well below the rate of inflation. Bonds also appear to ...

We can make sense of the sovereign wealth fund if we adopt a fundamentally different perspective on the role of American ...

Hedge funds would seem to be the answer. They specialize in opportunistically moving between various asset classes. In theory, they should easily outperform both stocks and bonds. Unfortunately, the ...

But given the current environment, it is increasingly important to think beyond the standard index funds if you are ...