Random Walk and Outperforming Fund Managers
I’ve been debating several gentlemen on the 9/11 option grantee issue. The mainstream media (WSJ excepted) has been surprisingly...
The Long Tail
So last nite was a Kudlow & Company appearance; Larry was absurdly complimentary on my "Avoid BIg Cap Tech like the Plague"...
Top Industries: Revenue Gains
(This was mid-post when typepad went down yesterday — the links seem to have problems — I’ll fix when possible) Very...
Jobs Report Redux
Last weekend, in Redux: Household versus Establishment Surveys, we noted the silliness of trying to make the BLS Household Survey somehow...
Chart of the Week: Leading Indicators Point To Employment...
Has the US labor market has had its day? “Analytically, this expectation is based on a deceleration in GDP growth primarily caused by...
ADP: Stick to Your Knitting
One of the more interesting issues I observed last week (albeit from a distance, margarita in hand) was the pre-NFP excitement generated...
Redux: Household versus Establishment Surveys
One last item: "The Labor Department’s payrolls report is also at odds with its own survey of households, which is used to...
NFP: Another in a long series of disappointments
As we expected, yesterday’s NFP was another stinkeroo. The 121k number was significantly below the 200k consensus, and far, far...
Signs of the Bear: Ned Davis
I pulled a few key lines from an interview in Barrons last week with Ned Davis, a technician and quant wonk whose institutional service...
Debunking One of the Worst Ideas in Economics
This is scheduled to disappear from Yahoo soon — I wanted to capture it before it went away. Its a criticque of Supply Side...