With 100 years of investing experience, MFS has the unique ability to provide insight into the lessons we have learned that can help our clients meet their investment objectives.
Since money market returns, as well as other cash alternatives, tend move in lockstep with the federal funds rate, now may be the be time for investors to rethink their allocation.
Investors of all stripes seek massive profit growth, leading to index concentration. Big profits lead to increased competition, eventually eroding returns. Distinguishing at-risk profit pools from durable ones is key for active investors.