Infograph.

One of my fave reads this weekend has been Matt Levine’s take on the death of the paid stock-picking profession. This “death” is, of course, exaggerated, and stock-picking will almost certainly make a comeback during the next period of flattish markets – right around the time that the last investor piles into an index fund….

Chart.

Video.

Video.

Below, you’ll see the percentage share of US income for the top .01% of Americans plotted against stock market crashes. These crashes always follow speculative asset bubbles that find their way into the stock market or are sometimes native to the stock market. What I’d like you to pay particular attention to is the last…

This Week on TRB

Infographic.

MarketWatch held a poll asking “investors” what outcome for today’s jobs report would elicit a better reaction from stocks. 53% said it would be better if the unemployment rate was higher than expected, thus prolonging the need for Fed bond-buying. Are they right? In the short-term maybe. In the long-term, this is an outcome desired…

LOL at BusinessWeek’s latest Gatsby movie tie-in with any purchase of large fries or a medium Freez-E Shake: Americans’ wealth continued its snapback from the financial crisis in the first quarter, according to data released Thursday by the Federal Reserve. Household net worth jumped by $3 trillion, to $70 trillion, in the quarter, helped by…