Every year we are told that this is the year economic growth will finally pick up. This will be the year we hit escape velocity and break away from the sub-2% GDP trap the rest of the developed world has been mired in for seven years. This year was no different. Economic data had gotten…
Hot Links: Momentum Myths
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Chart o’ the Day: Job Creation Gets Cooking
Some good news on the employment front from Gallup… PRINCETON, NJ — Gallup’s U.S. Job Creation Index reached a new high in its more than six-year trend, registering +27 in May. The prior high had been +26 in the initial monthly measurement of January 2008, just as the recession was taking hold. The index is…
jobs of the future!
Source: Dilbert.com
Appropriately Titled Sell-Side Research Note of the Day
Wall Street resembles a busted mining town from the Old West these days – or maybe an oil town with a well that’s run dry is a better analogy. The morning Derivatives Strategy note from MKM Partners’ Jim Strugger sums it up perfectly… Josh here – The reason why you’re reading and hearing so…
Anatomy of an Advisor Scam
If you can’t be bothered to look up a prospective advisor’s website and evaluate its content – using common sense, not even financial expertise – you’re going to get abused. Someone’s going to come along and take advantage of your laziness. News broke this week about a Mini-Madoff financial advisor in Upstate New York who…
Hot Links: Dear Mrs. Buffett
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361 Capital Weekly Research Briefing
361 Capital portfolio manager, Blaine Rollins, CFA, previously manager of the Janus Fund, writes a weekly update looking back on major moves, macro-trends and economic data points. The 361 Capital Weekly Research Briefing summarizes the latest market news along with some interesting facts and a touch of humor. 361 Capital is a provider of alternative…
Incentives Matter
I had lunch today down in the vault at the New York Yankees Steakhouse in midtown Manhattan with some colleagues from the asset management business and our hosts, EG Shares and State Street Global Advisors. The walls in the dining room (which was once the vault of an old bank) are covered with some pretty…
My Favorite Investing Books
My friend Patrick O’Shaughnessy hit up a bunch of us financial blogger types for a quick list our five favorite investing books for a crowdsourced post he was doing (and also for his own curiosity, he was looking for something new to read). I obviously can’t make a comprehensive list of my favorite investing books…
