published Dec 7th 2016, 6:54 pm, by Christopher Langner (Bloomberg Gadfly) —The past two years have been tough on hedge funds, and active money managers in general. Sitting on an index fund provided better returns in almost every asset class. Donald Trump’s election as president of the U.S., however, has

©2015 Bloomberg View NSCPC86JTSEN (Bloomberg View) — Almost nothing in economics is more important, or mysterious, than productivity. It means the amount of stuff — goods, services, economic value — produced for a given amount of input. It is productivity that separates today’s rich, modern consumer societies from subsistence farmers