Bloomberg: Powell needs a stock selloff to act on bond yields

A report on long-term investments co-authored by Professor Elroy Dimson, Chairman of the Centre for Endowment Asset Management at Cambridge Judge Business School, featured in Bloomberg. The 2021 Global Investment Returns Yearbook, sponsored by Credit Suisse Group AG “covers a range of countries’ stock, bond and cash returns back to 1900 and is something of a gold standard for long-term investors,” the article says.

Read the full article [bloomberg.com]