A blowout April jobs number this morning, 288k vs 215k expected. So of course, Treasurys are spiking. I totally have a brilliant explanation concocted for this….carry the one…add in eye of newt….factor in Putin… I’ll get back to you.
Hot Links: The Beautiful Mysterious
Your morning financial links, expertly curated.
Clips From Tonight’s Closing Bell: Jon Taffer Edition
I really had a blast on tonight’s Closing Bell show, mainly because Jon Taffer joined us on the panel for the hour. If you’re not familiar with Jon, he’s one of the most well-known and respected bar and restaurant guys in the country and the star of Spike TV’s Bar Rescue (one of my favorite…
NYSE Margin Debt Falls
It’s funny when there’s a notable monthly drop in margin debt because it is usually an involuntary drop driven by market conditions or even redemptions. I get to laugh now as someone who spent a lot of my twenties on the receiving end of margin calls for speculative client accounts. Very glad to be out…
ETF Flows Bounce Back – Especially EM
via ETF.com, some interesting info on ETF flows during the month of April: Investors poured more than $20 billion into U.S.-listed ETFs in April—a third more than in the entire first quarter—pushing total ETF assets to a record high of $1.762 trillion. The bulk of those assets landed in equities funds, particularly emerging market ETFs…Funds…
The Ten Morning Call Commandments
Brokerages all over the country hold a daily “morning call” to communicate the ideas of the analysts and the priorities of the firm that day. It’s a tradition that’s been going on forever. Nicholas Colas of ConvergEx lays out ten rules for pulling off a morning call meeting flawlessly… *** The list below is our…
Hot Links: Profound Shift
Your morning financial links, expertly curated.
Why Don’t Wall Street Stars Get Endorsement Deals?
Bill Simmons, the sportswriter turned media magnate (ESPN built the Grantland property for him) was profiled by Rob Tannenbaum in Rolling Stone this week. The piece gets at why the sports world occupies such a permanent and prominent place within pop culture: No sportswriter has ever had as much success as Simmons, partly because sports…
HBO’s ‘Veep’ demolishes Silicon Valley Egomaniacs
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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…