Definitive Data on the “January Barometer”
Thanks to BofA Merrill Lynch’s chief technician Stephen Suttmeier for this bit on the January Barometer, one of only a handful of truly useful calendrical indicators… January Barometer: As January goes, so goes the year Does the January Barometer work? Based on S&P 500 data going back to 1928, January is a good predictor of…
Chart o’ the Day: Passive Indexing by Category
Acording to Morningstar, index funds’ market share (both mutuals and ETFs) has doubled in the last decade from 12% to 27%. Investors have been abandoning actively managed funds for years now – bu not across all categories equally. The article notes that some categories of active equity funds seem to be more susceptible to being…
Bob Peck: Five Reasons to Like Facebook
My fave social media analyst, SunTrust’s Bob Peck, is out with a bullish report on Facebook shares this morning, with higher revenue and cash flow estimates along with an upped price target ($65 from $55). He sees five drivers of the stock from here: Five Factors Driving Increased Optimism. Our more bullish outlook is driven…
Hot Links: Mismanagement
Your morning financial links, expertly curated.
The only thing we have to fear…
is interest rates that rise too quickly. …and Bird Flu. But on the rates thing – it is pretty important for us all to get up to snuff on how asset classes act during rate-rise cycles at this point. I covered this a bit in my 2014 outlook piece this morning, but let’s also look…
You Are Here
A new year has just begun, let’s get our bearings… This isn’t a post full of table-pounding predictions or forecasts, this is just me thinking out loud. In the first part, I’ll sum up the current environment as I see it. In the second part, I’ll talk about some possible scenarios for the coming year…
a living wage as true economic stimulus
Cartoon by Tom Toles. Read Also: The Campaign for a Bigger Paycheck (New York Times Editorial Board)
a message from your financial institution
Source: Saturday Morning Breakfast Cereal
“With clients’ money, I have three months to be correct or I’m out of a job.”
Morgan Housel writes a mock obituary for Long-Term Thinking, the personification of a concept that everyone on Wall Street pays lip service to publicly, but most can’t afford to think about in real life. Long-Term Thinking doesn’t get murdered in the Housel obit – rather he dies of neglect, in bed somewhere while you were…