Measuring Investing Skill and Performance

Humans have been repeating this inefficient ritual for over 700 years, with the first known origins then in Europe. There sprung lenders and insurers who assessed the relative merits of individual commercial risk. The methods were somewhat more crude versus the resources available to people today,

The Federal Reserve Impact

In a May 2013 testimony to the Joint Economic Council, Federal Reserve Chairman Bernanke stated that the FOMC has made it clear, “it is prepared to increase or reduce the pace of its asset purchases to ensure that the stance of monetary policy remains appropriate as the outlook for the labor market or inflation changes.