Trump Immigrant Order and Markets
Trump Immigrant Order and Markets David R. Kotok Cumberland, February 8, 2017 Note: This is a different perspective than mine, but...
Trump: From Chaos Candidate to the Uncertainty President
One of the most common cognitive tricks we play on ourselves is our tendency to explain what just happened with a story line that...
Succinct Summation of Weeks Events for 2.3.17
Succinct Summations for the week ending February 3, 2017. Positives: 1.Nonfarm payrolls came in at 227k the highest number since...
Corporate Inequality is evident in U.S. stock returns
From David Wilson: Inequality has been a fixture for U.S. stock investors over the decades, if research by Arizona State University...
Second Longest S&P 500 Rally Since 1932? (Not exactly)
Chart of the day suggests this is the 2nd longest rally in US history: “With the S&P 500 once again in record high territory,...
Historical S&P500 Returns
Interesting slides from Bessemer Trust: The first shows return distributions, the 2nd looks at a few tail risks. Source:...
Succinct Summation of Week’s Events 1.27.17
Succinct Summations for the week ending January 27th, 2017. Positives: PMI manufacturing rose from 54.2 to 55.1, the strongest reading...
Presidential Drawdowns (& Why It Doesn’t Matter)
More awesomeness, this time from Ben Carlson: “Even under the best case scenario — in which a new president is able to...
Dow 20,000? It’s 30,000, Actually!
Its old news that the price based Dow is a silly index representative of nothing other than tradition. But did you know it was wrong, off...
How Significant is the Trump Bounce ?
Salil Mehta is a two-time Administration executive, leading Treasury/TARP’s analytics team, as well as PBGC’s policy, research, and...