All Your Bases and Dead Presidents Are Belong to the Government?
A serious wonk debate has broken out over the trillion dollar coin and its ramifications. As I said 18 months ago when I first discussed...
Author : PRAGMATIC CAPITALISM
Goldman: The Yen is Oversold
Via Bloomberg TV: Jim O’Neill, chairman of Goldman Sachs Asset Management, spoke...ith Tom Keene and Sara on “Bloomberg Surveillance” today and said that the Bank...
All Your Bases and Dead Presidents Belong to the Government?
A serious wonk debate has broken out over the trillion dollar coin and its ramifications. As I said 18 months ago when I first...
12 Cognitive Biases That Prevent You From Being Rational
I like this article that’s been floating around on cognitive biases. As I liked to say, it’s in being wrong that we can learn to...
6 Considerations Shaping the Macro Investment Landscape
The underlying trends seen this year have continued, but after strong follow through in Asia, a more subdued tone has been seen in Europe. The...
Hussman: Who’s Who of Awful Times to Invest
Last year John Hussman posted an article describing the March period as “an awful time to invest”. He described some unusual confluence of events that...
The Ticking Time Bomb in Bond Funds
Here’s that theme again – investors are increasingly concerned about the crowded trade in bonds primarily thanks to the Federal Reserve’s herding of investors into...
An Early Look at Earnings Trends….
We’re still very early in the earnings season, but another quarter of fairly weak earnings appears to be in the works (via Zacks ): “Total...
That Weird Public/Private Hybrid Entity We Call The Federal Reserve….
What is the Federal Reserve? Is it a public entity that works for the government? Or is it a private entity that works for the...
Those Failing Analysts
This is a great chart from Ed Yardeni. It shows a 20 year history of analyst’s estimates and how poorly the estimates have held up...