S&P 500 names with the largest off-balance sheet tax liabilities

Credit Suisse notes that the mountain of earnings being accumulated and hoarded overseas by US corporations is now over $2 trillion. Further, they get into a discussion about how a lot of S&P 500 companies to decline to provide a tax liability estimate for these overseas earnings when reporting to the SEC each quarter. They…

Check out the Madness Machine @WSJ

This is a lot of fun – a quantitative tool allows you to build a data-driven bracket in under 60 seconds. It’s especially helpful if you’re one of those people with a life and you don’t know all 64 teams in round one like the back of your hand. Props to Geoff Foster, Lakshmi Ketineni and…

The Riskalyze Report: Advisors Dump Broad Indexes, Add Munis

At the request of so many investment advisors, my friends at Riskalyze share the big trends in the assets going into and coming out of advisor portfolios every week. The underlying data is aggregated from hundreds of thousands of client accounts across the $44 billion and counting that advisors manage on the Riskalyze platform*. I…

The US Dollar Has No Definitive Effect on the S&P 500

Strong dollar – good or bad for stocks? Unfortunately, there’s no definitive answer based on history. It’s different every time. Goldman Sachs’s Portfolio Strategy Research group mentions that virtually all substantive client discussions over the last week have been about the impact of the US dollar on our economy, corporate profits and stock prices. They…