Succinct Summations of the Week (10/18/13)
Succinct Summations week ending October 18, 2013. Positives: 1. Default Avoided: A last minute deal was cut, and after 16-days, the...
Shiller: U.S. Stocks Are ‘Highly Priced’
Shiller’s cyclically adjusted price-earnings ratio click for ginormous chart Source: Bloomberg Robert J. Shiller, a...
A Wonderful Circus
Thats how the FT’s delightful Martin Wolf described the recent silliness in Washington DC: Click for video
10 Friday AM Reads
My morning reading: • Average 401(k) account balances nearly double since crisis (Investment News) • Housel: Investing Like a...
Updated Schedule of BLS News Releases
The shutdown is over. Now BLS can back to the business of releasing data that I will mostly ignore. click for updated release...
Tax Rates, Inequality, and US Deficits
Its Friday, after what was for me a long and annoying 17 days. But the shutdown is over, US markets are at all time highs, and Bob...
IMF Fiscal Monitor: Taxing Times
World Economic and Financial Surveys Fiscal Monitor: Taxing Times October 2013 Taxing Times Persistently high debt ratios...
Art of the Automobile
Art of the Automobile : 21 November 2013 RM Auctions in association with Sotheby’s will present a select offering of motor cars to...
Gauging the Momentum of the Labor Recovery
Gauging the Momentum of the Labor Recovery Mary C. Daly, Bart Hobijn, and Benjamin Bradshaw Federal Reserve Bank of San Francisco,...
Puerto Rico
Puerto Rico David R. Kotok, Cumberland Advisors, October 16, 2013 Puerto Rico is not the federal government. It is an...