I have no additional comments to add here, I believe that the below chart captures a lot about why you keep hearing that this particular dip is “different”. You’re looking at the percentage of S&P 500 stocks above their 200-day moving average (top pane) along with this measure’s 200-day moving average (blue line) followed by…
Clips From Today’s Halftime Report
Can Anyone Break the “Expectations” Treadmill?
I want to point out this fascinating blog post by Albert Wenger, a partner at Union Square Ventures, who has invested in such early-stage companies as Twitter, Tumblr, Foursquare, Etsy and Kickstarter. Wenger questions the status quo of companies feeding Wall Street with projections and expectations. He asks whether or not the early-stage tech community can resist the demands of Wall…
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…
Broken Bells with Ringo Starr on Letterman
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With Volume Comes Volatility
January sucked for stocks and, so far, February hasn’t been much better. Okay, we get it. I’ll be watching closely to see which of my colleagues in the Punditocracy get themselves all bear-ed up over the recent price action. In the meantime, my friend Jeff Kleintop, chief strategist at LPL Financial, notes that there was…
Hot Links: A Destabilising Force
Your morning financial links, expertly curated.
A Field Guide to Stock Market Corrections
The S&P 500 is now down just about 7% from its mid-January all-time high. We’re currently somewhere between what market-watchers would call a “dip” and a “correction”. I’d like to walk you through what these terms actually mean and give you some context before you encounter the almost-guaranteed hysterics of the financial commentariat this evening….
Clips From Today’s Halftime Report
Betting on or against EM with S&P 500 stocks
On the one hand, emerging markets are an absolute wreck and it does not look as though things will soon be improving. Governments, in many cases, were happy to binge on spending while easy money poured in from foreign lands, and now that it is ebb-tide and the ocean of cash is receding, it is…
