Sample Our Reports, Presentations, & Market Insights
The “Correctionless” Bull Market Continues Yesterday the Dow Jones Industrial Average (DJIA) closed above 13,000 for the first time ever. The S&P mid-cap and S&P small-cap indices also made new all-time highs. The large-cap...
Memo to the Markets: Alan Greenspan Is No Longer Fed Chairman Alan Greenspan was the chairman of the Federal Reserve for almost 19 years (1987 to 2006). By the end of his tenure, he was being hailed as the greatest central banker of the 20th century....
March Total Return Review: All Commodity Indices Are Not Created Equal The attached tables update the total returns through March Also, a look at the differences of various commodity indices by weighting.
Can The Stock Market Balance The Budget? During the recent period of increased market volatility, we have been arguing the U.S. equity market is the center of the financial universe. Its movements drive other markets. With some new income data, we...
Impact Of Mortgage Equity Withdrawal An analysis of the Greenspan-Kennedy mortgage equity withdrawal data rejects the notion American consumers were financing consumption by borrowing ever-greater amounts against their houses.
U.S. Investments Abroad A series of charts details the net purchases of foreign assets by the U.S. Are these flows dictated to any degree by currency movements or the relative returns between countries?
We’re All Stock Traders – Part 2 What appears to be happening this past week is nothing more than a garden-variety stock market correction. Yes we had the biggest down-day in four years, but things like this happen when stocks are...
We’re All Stock Traders Now The stock market influences the economy, interest rates, the federal deficit and many other markets. It is arguably the center of the financial universe. As go stocks, so go many other markets.
Commitments of Traders Update/Analysis Statistics cover the CoT report for February 20, 2007. Further charts and comments include Eurodollar Futures: Hedgers Liquidating Net Long Positions Yen Futures: Large Speculators Covered Some Shorts Natural...
Is OER Set To Turn Lower? A sharp decline in apartment REIT returns relative to all REIT returns indicates a shift back from tenancy to homeownership at the housing market’s margin. Owners’ Equivalent Rent data will start to look softer...
Low Volatility Everywhere, Some Causes Audio Link of Conference Call February Conference Call Presentation Package.
Currencies and Trade Weights A review of 26 currencies with as many as 34 years of data accounting for 100% of the Federal Reserve’s trade weights confirms income elasticities, trade agreements, economic integration and the terms in which goods...