(chart via MarketWatch) No matter how many times it’s been debunked*, the 1929 stock market overlay chart just will not die. Probably because you keep clicking on any headline with the number ‘1929’ in it. Probably because of how provocative the idea is and because of the fact that we are much more likely to…
As the Fed Backs Out, Fundamentals Take Over
Nick Colas of ConvergEx Group has some interesting thoughts on how Fundamentals will replace the Fed and force market participants to think more micro and less macro in 2014: We will shortly celebrate the five-year anniversary of the intraday “Devil’s Low” of 666 in March 2009, and the overwhelming narrative in revolving around the climb…
Clips From Today’s Halftime Report
Video.
Why Brokers Pitch Non-Traded REITs
When I dropped my Series 7 and strangled it on the banks of a river in the dead of night, I left behind a world of conflict and horrendously incentivized brokers.[ I also left behind the atrocious products that no one would ever recommend to a customer if all fees were equal. But all fees…
Hot Links: Double Good News
Your morning financial links, expertly curated.
(The) Clip From Today’s Halftime Report
Yellen to Emerging Markets: Drop Dead
New Federal Reserve Chair Janet Yellen spoke to congress today for the first time. The Wall Street Journal’s Jon Hilsenrath plucked out this bit from her prepared remarks re: the tremors in emerging markets as stimulus winds down: FED DOESN’T ACCEPT BLAME FOR LATEST EMERGING MARKET SELLOFF: In a section in its official report to…
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…
Chart o’ the Day: Get Me My Violin
This is the hilarious part of the economic recovery – where the bottom half of the top 1% begin to cry “Inequality!” as they compare their circumstances with those in the top half. I weep for them, get me my violin. This is an area of actual concern for New York Times readers, apparently: in…
‘Sabotage’ Redband Trailer Hits
Video.
