To say I am a little excited about this article would be a dramatic understatement. We tapped the minds of some of our favorite investors and experts to tell us what their biggest investing mistake was and how they fixed it. Here are the panel of experts… – David Merkel, Principal of Aleph Investments. – William Bernstein, Best…
Photo Credit: Chuck Coker || Another Dynamic Duo and their secret Batcave This piece has kind of a long personal introduction to illustrate my point. If you don’t want to be bored with my personal history, just skip down to the next division marker after this one. =–=-=-=-=-==–==-=–=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-= There will always be a soft…
“Davidson” submits: The Dallas Fed reported their preferred inflation measure in January 2015 at 1.5% for the 12mo Trimmed Mean PCE. (See the table) This is used in the market capitalization rate which in turn is used in the denominator to calculate the SP500 ($SPY) Intrinsic Value Index. Falling inflation results in justifiably higher equity…
In an Bloomberg Television interview Bill Gross of Janus Capital spoke with Bloomberg Television’s Trish Regan about the outlook for Federal Reserve policy, the U.S. economy and his objectives at Janus Capital. Key Quotes “Not even thin gruel is being offered to our modern-day Oliver Twist investors. You have to pay to come to the…
Podcast: Play in new window | Play in new window (Duration: 13:16 — 6.1MB) DOW + 155 = 18,288SPX + 12 = 2117 NAS + 44 = 5008 10 YR YLD + .08 = 2.08%OIL + .06 = 49.82 GOLD – 7.80 = 1206.90 SILV – .22 = 16.46 February was the best month for stocks since October 2011….
Note from dshort: I’ve updated the accompanying charts with the latest Personal Consumption Expenditures price index from the Bureau of Economic Analysis. The annualized rate of change is calculated to two decimal places for more precision in the side-by-side comparison with the Consumer Price Index. The BEA’s Personal Consumption Expenditures Chain-type Price Index for January shows core inflation…
Back in September the idea that the Eurozone’s economy could potentially undergo a recovery (see post) was met with some skepticism. And yet here we are. The EuroStoxx50 index is up 14% for the year while the Dow is up 2.5%. We now see plenty of indicators showing strengthening economy in the euro area. To…
Despite low trading volume, a strong dollar, mixed economic and earnings reports, paralyzing weather conditions throughout much of the U.S., and ominous global news events, stocks continue to march ever higher. The world remains on edge about potential Black Swan events from the likes of Russia, Greece, or ISIS (or lone wolf extremists). Moreover, the…
Goldman’s Global Leading Indicator (GLI) final print for February affirms the global economy has entered a contraction with accelerating negative growth. Just six months after “expansion”, the Goldman Swirlogram has collapsed into “contraction” with monthly revisions notably ugly and 9 out of 10 components declining in February. Some have suggested, given US equity’s strong February (buyback-driven) performance, that…
by Michael Grogan, First Class Analytics In an effort to bring the budget deficits of EU member countries down to a sustainable level, the European Commission has recently been placing significant pressure on France to reduce its deficit to a level of 4% by the end of 2015. Ultimately, the goal is for France to reach a budget deficit of 2.8% by…
