This is my Quote of the Day
Joshua M Brown
how fast can we screw this up?
Cartoon by Monte Wolverton
In 2014 I Learned That…
I can’t prove it scientifically, but I’m pretty sure the years are flying by faster now than ever before. Is everyone just so busy that the passage of time is occurring while we stare at our phones? Or are the events that shape each year simply playing out faster, from start to finish, because of…
Art Cashin celebrates 50 Years on the NYSE
Art Cashin, the NYSE’s resident living legend, rings the opening bell this morning to commemorate the 50th anniversary of his “signing the book” and becoming a member. Bravo, sir.
“Buy Europe”
“If there’s one thing I learned from George—and it made me a better money manager—it’s not whether you’re right or wrong; it’s how much money you make when you’re right and how much you lose when you’re wrong.” – Stanley Druckenmiller on his mentor, George Soros Barron’s is out with a big “Buy Europe” piece…
new economic plan
Cartoon by Harley Schwadron
The Wall Street-ization of Everything: Airline Edition
Tim Wu at the New Yorker: This fall, JetBlue airline finally threw in the towel. For years, the company was among the last holdouts in the face of an industry trend toward smaller seats, higher fees, and other forms of unpleasantness. JetBlue distinguished itself by providing decent, fee-free service for everyone, an approach that seemed…
Tell me more of your economic theories.
Tell me more of your theories about Chinese GDP growth and it’s impact on stock prices… January 2014: April 2014: October 2014: Chinese stock market, 2014: More macro economic theories please, keep ’em coming.
The Most Hated Rally Ever That Everyone Loves
A gigantic statistic surfaced this weekend about fund flows this past week, which shattered every weekly record on the books: Investors in U.S.-based funds poured $36.5 billion into stock funds in the latest weekly period, marking the biggest inflows on record as U.S. stocks surged to record highs, data from Thomson Reuters Lipper service showed…
January seasonals after a good year
Savita Subramanian reminds investors that Januarys are a seasonally strong month – especially after the prior year. January is seasonally strong, especially after a strong year Since 1929, January has been one of the seasonally strongest months for the S&P 500, with average and median price returns of +1.3%/+1.6% vs. average/median returns of +0.6%/+0.9% for all months…