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Passive Core Fixed-Income Strategies Have Substantial Duration Risk

Submitted by Your Personal CFO - Bourbon Financial Management on December 4th, 2015

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Credit Spreads are Widening. Recession Coming?

Submitted by Your Personal CFO - Bourbon Financial Management on December 4th, 2015

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Projected Population By Generation

Submitted by Your Personal CFO - Bourbon Financial Management on December 4th, 2015

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Passive Global Government Bond Strategies are Weighted Toward the Biggest Debtors

Submitted by Your Personal CFO - Bourbon Financial Management on December 4th, 2015

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Active has Outperformed Passive in Fixed Income Most of the Time

Submitted by Your Personal CFO - Bourbon Financial Management on December 4th, 2015

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Do EM Currencies Contribute to Higher Volatility?

Submitted by Your Personal CFO - Bourbon Financial Management on December 4th, 2015

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Non-U.S. Developed Economies Outlook Remains Weak

Submitted by Your Personal CFO - Bourbon Financial Management on December 4th, 2015

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Increasing Relevance of EM Equities

Submitted by Your Personal CFO - Bourbon Financial Management on December 4th, 2015

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Global Mutual Fund and Exchange Traded Fund Flows to Active and Passive Fixed Income

Submitted by Your Personal CFO - Bourbon Financial Management on December 4th, 2015

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Typical Private Client Allocation vs. Harvard Endowment Target Allocation

Submitted by Your Personal CFO - Bourbon Financial Management on December 4th, 2015

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