by Springwater Wealth | Oct 3, 2016 | Newsletter
The Big Mac index was invented by the British news magazine The Economist in 1986 as a half-serious guide to whether currencies are at their “correct” level. It’s based on the theory of purchasing power parity (or PPP), which is the idea that in the...
by Springwater Wealth | Oct 3, 2016 | Investment Management, Newsletter, Retirement Plans, Services
Most investors are aware that US stocks have out-performed many other asset classes over the past several years, with emerging markets and some developed markets generating particularly disappointing results. The main reasons for this disparity are relatively...