Source: Vulgar Trader

Category: Legal, Politics, Really, really bad calls, War/Defense

10 Tuesday AM Reads

Just because it’s Tuesday does not mean we don’t have you covered with our dry-aged, prime reads: (continues here): • The US bull market looks like the dot-com bubble of the late 1990s, except when it comes to valuations. (Bloomberg) see also What stage of the bull market are we in? (A Wealth of Common Sense)…Read More

Category: Financial Press

Stack: Competition to Call the Next Bear Market

Jim Stack of Investech has described what he calls “the competition to call the next bear market.” We have been going discussing this issue, and I am saving his comments for a Bloomberg column next week. But here is a flavor of what he has been writing, from his most recent commentary: 2011 We’re In…Read More

Category: Markets

MiB: Sheila Bair, Chairman of FDIC

Sheila Bair, former chairman of the U.S. Federal Deposit Insurance Corp., describes what it was like in the room with former Treasury Secretary Hank Paulson and former Federal Reserve Chairman Ben Bernanke when the global economy was on the verge of falling into the abyss in this week’s “Masters in Business” podcast. Listen to the…Read More

Category: Bailouts, Media, Podcast

Category: Federal Reserve, Think Tank

10 Monday PM Reads

My morning afternoon train reads (Ccontinues here): • Get There: Washington Post’s new section on Personal Finance (WaPo) • Chasing Past Peformance is Expensive (Irrelevant Investor) • Rate Outlook: Invest for Uncertainty (Fidelity) • An Emerging Price War in the World of Investment Advice (NYT) • Corporate Profit Margins Have Officially Hit New Highs (Business…Read More

Category: Financial Press

Millennial Consumers

click for complete graphic
millenial

 

Read More

Category: Consumer Spending, Digital Media

Got Math? Odds Are, You Don’t Understand Probabilities

Last week, we discussed the problems with having poor reading comprehension and the impact that has on consuming news. This week, I want to look at the lack of math skills. America seems to becoming a dangerously innumerate society. Innumeracy is incompetence with numbers rather than words. This is a worrisome issue for the future…Read More

Category: Apprenticed Investor, Bad Math, Data Analysis, Really, really bad calls

10 Monday AM Reads

Welcome to the last week of the summer! (How did the time slip away?) Enjoy your last days on the beach, we’ve got you covered with our honey-glazed morning reads: (continues here): • The Decline and Fall of Fund Managers (MoneyBeat) see also More than 10% of S&P 500 Assets Now Passive (Chief Investment Officer) •…Read More

Category: Financial Press

Labor Market Dynamics and Monetary Policy Chair Janet L. Yellen FRBKC Economic Symposium Jackson Hole, Wyoming August 22, 2014     In the five years since the end of the Great Recession, the economy has made considerable progress in recovering from the largest and most sustained loss of employment in the United States since the…Read More

Category: Employment, Federal Reserve, Think Tank, Wages & Income