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via Bob Doll (Nuveen) via Sam Ro (Business Insider):   Bob Doll ascribes this deficit to market-timing and emotionally driven decisions to move into and out of the markets. Everyone’s a patient, long-term investor until their portfolio drops by 10%, and then it’s game on – commence the switching! I think Doll’s mostly right on…

Big news on private payrolls for December according to the ADP report… Private-sector payrolls in the U.S. increased by 238,000 positions in December, according to the national employment report compiled by payroll processor Automatic Data Processing Inc. and forecasting firm Moody’s Analytics. The gain is the highest ADP estimate since November 2012. Economists surveyed by…

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…

Most people associate the term “Yield-Chasing” with actions taken by bond investors going further out on the risk or duration curve to grab higher levels of current income. In our Fed-distorted markets, the yield-chasing phenomenon was transposed into the equity markets as well – and that’s why relative valuations for the most mundane, boring stocks…

From the Department of LOL comes the following entry at Huffington Post: The total tab for JPMorgan Chase’s constant legal trouble is now up to more than $31 billion — a figure so exorbitant and cruel that the bank’s stock price just hit a record high. Click the link below to enjoy the interactive JPMorgan…

“I’ll buy the dip,” said the rational, reasonable investor. Okay, but keep in mind that dips and corrections rarely occur in a vacuum. They are usually accompanied by fresh fears or even caused by a news item that hijacks the headline cycle out of nowhere. Prices are more attractive, but taking advantage of them is…