Local Finances, Challenging Choices

Published on October 30, 2024

State and municipal budgets are adjusting to life after pandemic interventions.

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Markets are Smarter than Government

October 30, 2024
To paraphrase Milton Friedman: There are four ways in which you can spend money. You can spend your own money on yourself. You can spend your own money on somebody else. You can spend somebody else’s money on yourself. Finally, you can spend somebody else’s money on somebody else.

Don’t Miss Out

October 30, 2024
Deep value stocks are GMO Asset Allocation’s highest conviction investment idea. In a world where many stocks are being driven ever higher by positive sentiment and investor optimism, some fundamentally sound but unloved companies are being left behind, consequently trading at extraordinary discounts.