The Riskalyze Report: Advisors Dump Tactical, Bank Loan Funds

My friends at Riskalyze share the stocks and funds that advisors all over the country have used in their clients’ accounts each week. This data has been aggregated from across the client accounts of the thousands of advisors who use the software. Most of it comes directly through the third-party custodians where advisors’ assets are held. I hope we…

And now…the Bank Breakout

It had been a frustrating year for those overweight US financials (guilty!) up until a couple of weeks ago as they’d managed to underperform most of the marketplace with rates falling and economic momentum sputtering. With the recent pickup in data (and short rates) however, this bet is starting to pay off for those who…

Obama’s Job Creation: Lagging 6 of the Last 8 Presidents

The US economy has created 5.3 million jobs since President Obama’s inauguration in January of 2009 (although we’ve had 10.9 million jobs created since the economic bottom 57 months ago). Starting from Obama’s first month in office, with the country deep in recession, the labor market has come a long way to where it is now….

How Inequality Drags on the Economy

GMO’s James Montier is out with a landmark white paper on the destructive nature of Shareholder Value Maximization (SVM) when taken past the point of economic utility and into the current stratospheric extremes. Generally speaking, SVM has fostered a corporate culture in which C-suite executives focus on short-term benchmarks (or get fired), eschew investment in…

QOTD: The Ultimate Office Perk

I think the above quote encapsulates a lot of truth about the modern labor situation. Giant corporate campuses are great for giant corporations but the idea of office space for everyone else in the knowledge economy is becoming increasingly more nebulous. I am forced by my schedule to get a lot done in different locales….