The Chase for (no) Yield
A popular tale financial pundits and Fed critics like to tell around the campfire is that the Fed’s ultra-low rate policies have led to a speculative mania that has Americans chasing down risky...
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Janet Yellen: Three Reasons Wage Trends Canât Be Trusted
Janet Yellen is speaking now from the Kansas City Fed’s junket in Jackson Hole. The Federal Reserve has released the full text of her address and on the surface, it appears dovish enough (which was...
View ArticleChart oâ the Day: Have Flat Markets Been Outlawed?
The below chart comes from Mike Harris at his Price Action Lab blog and I find the question it asks to be absolutely fascinating:read more...
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Charting the Average September Stock Market
Today you’re hearing a lot about how stocks act historically during the month of September. It’s considered to be the worst month of the year in terms of average annual returns and it usually leads to...
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The Average RIA Firm Grew Assets by 20 Percent Last Year
For the last four years I’ve predicted that the biggest trend in finance would be the death of the retail brokerage model and the rise of the investment advisory segment. In my 2012 book, Backstage...
View ArticleChart oâ the Day: Where are the wage gains?
This morning, bank of America Merrill Lynch put out a small tidbit on the “downward wage rigidity” suggesting that this cycle has been very abnormal in terms of wage gains. Historically, a drop in...
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Draghiâs Gambit
My pal Peter Boockvar with a plain-English summation of what Draghi did today during the ECB’s policy meeting – and why The Street is not terribly surprised…read more...
View Article2015 Will Be the Year of the Stockpicker!
2015 will be The Year of the Stock Picker, the year that professional active management makes its long-awaited comeback.read more...
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