Sample Our Reports, Presentations, & Market Insights
The Presidential Cycle in Stocks The Presidential Cycle has become a widely watched cyclical indicator for the stock market. Politicians are more prone to pass legislation that will improve the economy and the stock market the closer they get to...
Inflation Watch Update The attached tables update inflation rates through April 2003. In light of April’s low readings in both CPI and PPI, we provide a historical perspective of past months which had similar low readings.
The Relationship Between Corporate Bonds And Stocks In this environment corporate bonds should be viewed independently of the stock market. Their fortunes neither lead nor lag the stock market. Only when a stable relationship between the stock market...
U.S. Treasury’s International Capital Statistics Update Who is the largest buyer of U.S. Equities through February (hint: it is no longer Europe)? Also, why is Canada a net seller of U.S. Agencies while most of the rest of the world is buying...
Inflation Watch Update The attached tables update inflation rates through March 2003. Also, a look at the targeted fed funds rate versus CPI. Will the current negative “real” funds rate overstimulate the economy?
Factors that Influence 10-Year Treasury Inflation Protected Securities’ (TIPS) Breakeven Inflation Rate In this study, we look to objectively determine the trend of the TIPS Breakeven Inflation Rate, and construct a model that incorporates four...
How To Measure The Dollar In order to determine the health of the dollar, it is necessary to find a measure that reveals its fundamental value, aside from geo-political hype. In an ideal world, it should be a measure that determines the general trend...
Mutual Fund Flows Update Equity Levels Were At The Public’s Breakeven Level Heading Into March: Decision Time For Stock Fund Investors Tables updated through February 28, 2003 with data released March 27, 2003. Comments on Stock Funds, Bond...
March 2003 Presentation Package Presentation package used in a conference call on March 19, 2003.
Perception vs. Reality: Will Everything You Know About This War Be Wrong, Too? Market perceptions and actual realities are not the same thing. For the markets to have a volatile reaction, or start a new/different long-term trend, reality must diverge...
What is the Proper Level for Interest Rates? This report attempts to answer that question using a mathematical “fair value” calculation comprised of nominal GDP (a measure of real growth and inflation) and Federal debt (a measure of...
Accounting For Pensions: The “Real” Problem The current funding problems of pension plans are primarily a by-product of historically low interest rates (although the falling stock market has been a factor, it has not been the primary...