Two charts from Michael Hanson and the Bank of America Merrill Lynch Economics team… The first is a look at market participants’ expectations for the Federal Reserve’s first rate hike, which is now expected to take place in Q3 of next year:   The second is a look at what would happen should the Fed…

Every single wholesaler whose ever come to pitch me an international portfolio has made the case that having “boots on the ground” – meaning analysts located in overseas locations – would lead to outperformance relative to both the indices as well as the other foreign stock funds that maybe had less of these boots on…

The other day I posted what I consider to be an elemental chart about income growth (or lack thereof) since the recovery began. Neil Irwin explained that the only people who’ve seen a recovery in wage growth were those who were already doing well anyway. This has had a huge impact on the rich-poor divide…

Two charts from Michael Hanson and the Bank of America Merrill Lynch Economics team… The first is a look at market participants’ expectations for the Federal Reserve’s first rate hike, which is now expected to take place in Q3 of next year: The second is a look at what would happen should the Fed maintain…

Every single wholesaler whose ever come to pitch me an international portfolio has made the case that having “boots on the ground” – meaning analysts located in overseas locations – would lead to outperformance relative to both the indices as well as the other foreign stock funds that maybe had less of these boots on…

The other day I posted what I consider to be an elemental chart about income growth (or lack thereof) since the recovery began. Neil Irwin explained that the only people who’ve seen a recovery in wage growth were those who were already doing well anyway. This has had a huge impact on the rich-poor divide…

Cartoon by Pat Bagley, Salt Lake Tribune

The one thing every New Yorker remembers about September 11th is how goddamn blue the sky was that day. We were in all different parts of the city, with all different vantage points and views, we carry all different anecdotes and episodes from the event and its aftermath. But what we all had in common was that…

The naysayers have a point when talking about the unfairness (or incompleteness) of the economic recovery. For many people, there really hasn’t been one yet. For the bottom 80 percent of income earners (almost the whole country) or those without financial assets, it can easily feel like the Recovery Fairy has simply skipped their house….