Klement on Investing

OK, oil prices are dropping rapidly, but do you really believe that the US will not bomb Iran after the midterms? I don’t and the resulting higher oil prices may have all kinds of unintended consequences. My latest piece for Reuters:

LONDON, Nov 3 (Reuters) - US President Donald Trump’s administrati...

There have been a series of papers published recently that showed that large language models have their own biases when making investment recommendations. I have previously written about the kind of biases displayed, while

One of the things I observe with many women I work with is that they tend to be more reluctant to self-promote. They can do brilliant work but tell people that ‘it really was nothing’, while some men produce substandard work and still think they are god’s gift to the world. This lack of self-promotion has significant consequences for the career paths of women,

Next week Tuesday, Americans will go to the polls to determine who controls Congress for the next two years. I have no special insights into the midterm elections, so I am not going to divulge my views here.

But it does give me another opportunity to go back to my mantra that

Long-term bond yields have increased substantially since 2025 and there is increasing concern that these rising long-term bond yields may reflect fears about the solvency of countries like the US, Japan and others. But it isn’t just the fiscal situation of each country that determines bond yields, but the relative comparison to similar countries.