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Steffen Hertog

Steffen Hertog

2 commentaries

Steffen Hertog, Professor of Comparative Politics at the London School of Economics, is co-author (with Diego Gambetta) of Engineers of Jihad: The Curious Connection Between Extremism and Education.

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    Inflation Will Hurt Both Stocks and Bonds

    Nouriel Roubini

    The longstanding negative correlation between stock and bond prices is an artifact of the low-inflation environment of the past 30 years. If inflation and inflation expectations continue to rise, investors will have to rethink their portfolio strategies to hedge against the risk of massive future losses.

     shows why the hedging strategies of the past three decades may no longer make much sense.
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