January 2014

This Week On TRB

.@zachbraff may the odds be ever in your favor. pic.twitter.com/7YzQwIeHaA — Mitt Romney (@MittRomney) January 25, 2014   Here were the most read posts on TRB this week, in case you missed them: “The Worst Day of 2014″ Bubble Guppies Don’t Hate the Asset, Hate the Price! Active is the New Passive To Defeat My Enemy,…

Peter Boockvar: We’re All In This Together

Currency dislocations from around the world are starting to be noticed here in the US as investors rush to get out of stuff that’s levered or related to EM. My friend Peter Boockvar, a steadfast contrarian versus the Wall Street consensus for 2014 (he sees a 20% down year for the US stock market) explains the…

“The Worst Day of 2014”

Today was the first truly bad day of 2014 for the stock market. The Dow closed down 175, although off the lows, while the Nasdaq and S&P 500 shed half a percent each. In the recent past, these have been shrugged off. But that was in the pre-taper environment, when dips were scarce and corrections…

The Truth About Momentum and Calendar Year Returns

“Does a great year for stocks in 2013 bode well for 2014? History says yes! Or no! It depends!” This is one of the most common types of stories we read on the financial web each January. Every author uses a different data series of years or indices or whatever to make their case. Derek…

Shiller Subtweets Fama, March 2000

Subtweet Know Your Meme: A subtweet, a shorthand for “subliminal tweet,” refers to a status update on Twitter that is covertly addressed to a specific individual without the handle of the recipient. Urban Dictionary: the shortening of “subliminal tweet” which is directly referring to a particular person without mentioning their name or directly mentioning them and it basically…