June 2013

361 Capital Weekly Research Briefing

361 Capital portfolio manager, Blaine Rollins, CFA, previously manager of the Janus Fund, writes a weekly update looking back on major moves, macro-trends and economic data points. The 361 Capital Weekly Research Briefing summarizes the latest market news along with some interesting facts and a touch of humor. 361 Capital is a provider of alternative…

So who bought the dip?

Last week the S&P 500 fell 2.1% – it’s worst weekly drop of 2013 so far. Hedge funds sold as did institutions. But retail investors were out there buying on a net basis according to the latest equity flows report from Merrill’s Quant Strategy group. This is rather amazing. Four important tidbits from the report:…

QOTD: “Markets tend to test things”

Dallas Fed Prez Richard Fisher – not even a voting member on the FOMC this year – offers some of the rootinest, tootinest commentary on the market’s taper reaction this side of the Mississip. Here’s the remark he made today about how traders are blowing out of assets right in the Fed’s face as if…