Monthly Archives: March 2016

EC “You

I was surprised in December when the most dovish central banker ever to lead the Fed allowed the body to implement a tightening, so perhaps I shouldn’t be surprised now that she is staunchly resisting an increasingly-raucous chorus of hawks. Prior to the Fed’s last meeting, I noted that if there was ever an excuse for tightening,…

The State Of The Millennial Entrepreneur

The life of a millennial entrepreneur can feel like the wildest of roller coaster rides; requisite with screaming, bravery mixed with extreme fear, shaking tracks, and downward loops and spirals. “Entrepreneur” sometimes seems like shorthand for hard struggles and disappointment with the faint glow of achievement hovering above the horizon like a mirage. The truth…

EC Is America’...

It always helps to make a good first impression, especially to the father of the girl you’d like to date. An impressive resume can do the trick. That was certainly the case in the 1997 dark humor classic Grosse Pointe Blank. If you don’t happen to recall the exchange between John Cusack’s character, Martin Q….

ADP Report Won’t Cause Payroll Revisions For Friday

Stocks are indicated to start today’s session in positive territory, with continued Fed-inspired optimism helping sentiment at the open. The positive labor market reading is helping matters as well, as it indicates a best of both worlds for market participants. This morning’s jobs report from payroll processor ADP (ADP – Analyst Report) matched expectations. This report, which…

My “Wisdom” On Index Funds

Tadas Viskanta continues his series on “finance blogger wisdom” today discussing index funds. Specifically, he asks: Should we care that the percentage of assets in indexes is on the rise, or should we just sit back and enjoy the (low cost) ride? My answer was, um, not very thorough (again): Indexing requires active management in order to…

4 Reasons Why Stock Splits Are Good

You hear it time and time again. “Stock splits are meaningless.” Many very influential and successful investors have said it. Even Warren Buffett, maybe the most influential and successful investor of all, refused to split Berkshire Hathaway stock for over 30 years. But there are meaningful benefits to splitting stock. In this article I want…

E

Draghi, of the ECB, and Germany must have a secret plan to save the Eurozone. One cannot make sense of their actions without contemplating this plan. After all, Germany introduced a plan to weigh bonds, with bondholders potentially taking a haircut before bailout money can be approved for periphery banks. On the surface that would…