Explains how illiquid portfolios played a role in the violent plunge in global equity markets in the recent past, why prudent use of liquidity is an element that investors can use to their advantage in generating returns and why understanding liquidity can also help us to interpret market activity.
Topics & Details
- Tags - Creating returns, David Swenson, Haim Mendelson, hedge funds, Liquidity, municipal bonds, Yakov Amihud, Yale's endowment
- Categories - Economics, Equity, Fiscal Policy, Interest Rates, Markets, Notes
- Download the PDF: - Liquidity and the Markets
- Copyright © 2002-2017 - Tiemann Investment Advisors, LLC