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I’ve now consumed three high-level parsings and interpretations of what the FOMC announced today. On the surface there is nothing worth noting. It’s the same thing we’ve already been told, there are no hints. But many “strategists” can’t actually say that, even though they know it. They have to act as though they’re able to divine…

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Your morning financial links, expertly curated.

Twitter has just put up a job opening for a “financial reporting manager” overnight, the kind of position a corporation would need to fill if the filing of S-1’s were in its immediate future. No one should be surprised at the timing. In September 2012, Twitter was going out of its way to let the…

In May, we began talking bullishly about European stocks and put a position on for select accounts. As Buffett said about his recent European stock buys, the news hadn’t gotten better but the prices sure had. The valuations were absurdly low relative to what investors are paying for the US and Japan.  Price to earnings…

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…

“We’re different because…”  In the investing business, advisors like to adopt stories and narratives as a kind of shorthand to express what they believe and how they deliver their product or service to clients. There is nothing inherently wrong with this most human of traits – neolithic man used cave paintings to describe their hunting…

Guess who won the post-crisis recovery? Guess who still rules the US economy and runs American capitalism, despite everything we have and haven’t learned over the years. Guess who is once again disproportionately represented in the US financial markets… From Bloomberg: Banks, brokers and insurance companies make up 16.8 percent of the S&P 500, almost double…