Central Bankers on Parade
Central Bankers Parade Their Fiscal Hopes Of course, It wasn’t as entertaining as the Fantastic Four, The Magnificent Seven, or Ocean’s 11 (or 12, or even 13) but, last week, we had an opportunity to...
View ArticleCurrencies & Big Mac Index
The U.S. Dollar is Strong in Russia, Thus the Cheaper Big Mac The Economist created The Big Mac Index 30 years ago as a rough-and-ready gauge of world currencies. The index is based on the idea when...
View ArticleIf You’re Going to Spend 24 Hours in the Stock Market, August 6, 2012
IF YOU’RE GOING TO SPEND 24-HOURS IN THE STOCK MARKET . . . Is there a particular 24-Hour Period in the stock market that is more important to future stock market returns than any other 24-hour period?...
View ArticleWeekly Perspective, September 17, 2012
The Markets I am the Federal Reserve, hear me roar. Printing dollars in numbers too big to ignore. With an apology to Helen Reddy for paraphrasing her early 1970’s anthem, the Federal Reserve dropped a...
View ArticleWeekly Perspective, July 22, 2013
The Markets Singing the earnings song . . . Each year, in January, April, July, and October, most publicly-traded companies announce their corporate earnings results. These announcements can have a...
View ArticleWeekly Perspective, October 7, 2013
The Markets For Sturm und Drang enthusiasts, the third quarter of 2013 held plenty of mayhem and emotion. It began with an overthrow of Egypt’s democratically-elected government and ended with the...
View ArticleDeal or No Deal?
Last week opened with heightened trade tensions between the United States and its allies. It closed with the United States imposing new tariffs on $50 billion of Chinese goods. The Chinese declared it...
View ArticleWhat Time Is It?
The may be the pocket watch of economic indicators. It’s been around for a long time and it’s often right, but not always. The yield curve is the difference between the interest paid on two-year...
View Article