PV. Here is your morning serving of bull juice, courtesy of Blackrock (and Mike Hobart).
Discussion
Recommending a 84% allocation? Bearish.
Link to the paper? I’d like to read this
There is a link at the bottom of the paper which I tried to nav to but it didn’t resolve. Mike Hobart posted it and didn’t include another one unfortunately
Think I’ve got it here https://papers.ssrn.com/sol3/papers.cfm?abstract_id=4042239 would love for someone to do an overview of this. Way too complexes for me to understand
Oh it's over a year old too. Interesting