Posts filed under “Markets”
I am excited about our upcoming trip to Seattle! As previously mentioned, I will be in town the week of January 20th to interview Howard Marks at the annual Seattle CFA dinner.
I will also be visiting a few clients — and prospective clients — as well. So far, it looks like we be in downtown Seattle for much of the week, plus a visit to the Redmond campus of some small software start up, as well as making the trek to Bainbridge Island.
Those of you who are familiar with my investing philosophy, but want to learn more about our approach to asset management and financial planning, feel free to reach out. If you are interested in meeting with us, hearing our views on the markets, or simply discussing your own personal financial circumstances, give us an email or call.
Send email to Info -at- RitholtzWealth -dot- com, with the subject “Seattle Trip.”
Or call 212-455-9122 and ask for Erika.
From Deutsche Bank: The ownership structure of US Treasuries is fascinating: 50% is held by foreigners and 20% is held by the Fed. Domestic accounts hold only 30% of Treasuries, down from 75% in the early 1990s, see chart below. Also, attached please find our 105 page update on Who is buying Treasuries, Mortgages, Credit,…Read More
U.S. markets have declined in the new year. This isn’t necessarily a bad thing. When markets go straight up without pause and sentiment becomes excessive, it rarely ends well. A little dose of fear might be a good thing. Which brings me to today’s listicle. These aren’t forecasts, but events I’d like to see happen….Read More
Overview The Euro has declined to around US$1.19. However, net short speculative positions have, once again, risen to extreme levels, which worries me. Tomorrow’s December EZ CPI inflation data is highly important. The Bloomberg forecast is for a reading of -0.1% Y/Y, as opposed to +0.3% in November. Tomorrow’s FED minutes will also be very…Read More
‘Tis the day before New Year’s and despite what you’re hopin’ The folks in the Boardroom say “the full day we’re open” So we’ll buy and we’ll sell as the tape crawls along And though “Bubbly’s” verboten we may still sing a song Two Thousand Fourteen was okay, not really a wow Till a Santa…Read More
Click to get started. Source: AQR Data Sets From AQR: For years I’ve been an admirer of, and thankful for, those who have created and publicly shared the databases that allow us to do our research far easier and better. Today AQR attempts to join them in making such a contribution. When you create a…Read More
The 2014 Festivus Airing of Grievances Well, it’s that time of the year again for the airing of grievances. And I’ve got a lot of problems with you people! First of which are those of you (PK, NYT?) who insist that the Fed’s QE did not result in any inflation. It all depends on your definition of…Read More
I love this quote from Wesley Gray, Ph.D: The sad conclusion is that none of these ideas stand up to intense robustness tests, except for the simplest, technical rules. You just can’t beat them. It’s kind of crazy when you think about it. We had hoped that having tested every model and approach under the…Read More