Sample Our Reports, Presentations, & Market Insights
America’s unofficial holiday is this weekend, the Superbowl. What can this event tell us about the economy? The first chart below shows the cost of a 30-second commercial (domestic audience only) during the Superbowl. The blue bars show the...
Today’s ADP report shows 187,000 jobs were created in January. Should we care? Recall that last month an ADP release of 297,000 jobs set economists and traders on fire as they changed their bets and forecasts for December payrolls. Some...
Wall Street is quick to blame Bernanke/the Federal Reserve for just about everything wrong in the financial world. In fact, many conspiracy theorists present the Federal Reserve as an unnecessary entity that needs to be done away with. While...
MarketBeat (WSJ Blog) – Muni Market Woes?: Blame the Media Some muni analysts have recently been telling investors that the selloff in the muni market had essentially been ginned up by the news media, thus making it a great buying opportunity....
Greenlight Capital – Partner Letter, January 18, 2011 On August 27, 2010, Federal Reserve Bank Chairman Ben Bernanke gave a speech in Jackson Hole, Wyoming where he hinted that the Fed would provide additional monetary easing. At the time, the...
Below is a chart of muni outflows (bottom panel in green). The rolling 4-week sum of net new cash flows are worse now than they were during the height of the 2008 panic when prices were plunging and the auction rate securities market blew up. Bond...
On Wednesday we said: Consequently, we are not big fans of this report as a leading indicator of Friday’s payroll report. On a typical Friday afternoon there is a lot of agreement about the inaccuracy of this report. But 3 1/2 weeks later we...
Charts of the Week Topics Covered This Week Include: The State Of The Economy What Does The First Week Of Trading Tell Us? What Does The First Month Of Trading Tell Us? Are Mutual Fund Investors Switching To ETFs? Are Mutual Fund Investors Switching To ETFs? – 2 Are Mutual Fund Investors Switching To ETFs?… Continue reading Untitled
Commitments of Traders Update/Analysis Statistics cover the CoT report for December 28, 2010. Further charts and comments include: 10 Year Treasury Note Futures: Large Speculators Add To Short Positions Yen Futures: Some Tenuous Non-Commercial Buying...
Charts of the Week Topics Covered This Week Include: Are Rates Rising For The Wrong Reasons? More on Inflation Expectations Muni Update Capital Gains And The Deficit Hedge Fund Returns 1998 – Current A Few More Interesting Charts On Hedge Funds ETF Assets Update European Borrowing Costs Threaten Lower Equity Returns European Short-Term Rates In… Continue reading Untitled
November Total Return Review: A Long Term Look At Stock Returns The attached tables and comments update the total returns through November. ?? Also, a look at the total return of the S&P 500 on a 1 and 10 year rolling basis.
Mutual Fund Flows Update Tables updated through October 31, 2010 with data released November 29, 2010. Comments on Stock Funds, Bond Funds and Hybrid Funds.