How Has This Rally Been Different?
This morning’s comments (download file) were completed before the new Jobless Claims came out; We plan on addressing that issue...
“Not-So-Hidden Agenda”
Not-So-Hidden Agenda: Strategic and Economic Assessments of U.S. led Invasion in the Middle East Pre War Analysis, March 19, 2003...
Yet another Enron whoops!
A report headlined “Enron commits to future in gas pipelines” in the Daily Deal (Thursday, June 24, page 4) incorrectly...
Rally Comparison
Rally Comparison or Fun with Quantitative Analysis How does this rally stack up against the prior 4 since March 2000? We computed the...
Anatomy of a Rally
Anatomy of a Rally: The running of the Bulls in Pamplona – an annual rite of the San Fermin festival since 1591 – arrived a mere...
Deep Impact?
Since the March 12 reversal, the markets have had a “fast and furious” ride, gaining more than 25% in 3 months. Today, we...
Impatience at the Federal Reserve
The New Productivity Paradox and Fed Monetary Activism. The full report, titled “Impatience at the Federal Reserve” can be...
The Sure Thing
Two major articles last week – both by journalists with ties to the Fed – announced that the FOMC would be cutting rates this week...
The New “Productivity Paradox”
In 1987, Nobel laureate Robert Solow famously observed: “You can see the computer age everywhere but in the productivity statistics.”...
Last Man Standing
We’ve discussed several models and the different methods they use to place a valuation on stocks. Now, we consider one last approach,...