Non Farm Payrolls
G’morning. We awake this morning awaiting BLS’ NFP report. The consensus estimates of US job cuts is for 230,000, and a tick...
What’s a Four Letter Word for Risk Aversion?
Good Evening: After giving ground in recent days, U.S. stocks found their footing on Thursday. The S&P 500 had been fidgeting around...
What Led to the Recession and How to Bounce Back
I did an interview with the NJ Star Ledger recently, and its now on line: Q: So, how did cheap money result in the age of bailouts? Why...
Personality, Emotion, and Trading Performance
Research in behavioral finance suggests that participants in financial markets are not fully rational actors. Instead, they tend to act...
Heading in Different Directions
Talk that the economy is on the road to recovery is growing louder. On Monday, for instance, MarketWatch reported that “economists...
BLS Birth Death Conundrum ?
July Non Farm Payrolls is out tomorrow, making today a good day to review one of our favorite whipping boys: BLS Birth Death model....
1930: “Money on the Sidelines”
This is from “News from 1930” website “There’s a large amount of money on sidelines waiting for investment opportunities;...
Fact vs. Bailout Fiction: “Way Too Early” to Talk...
> What began as a small story about returns on TARP paybacks in The Wall Street Journal last week has now become a full-fledged media...