Author: David Merkel

Thoughts on MetLife and AIG

Thoughts on MetLife and AIG

Thoughts on MetLife and AIG In some ways, this is a boring time in insurance investing.  A lot of companies seem cheap on a book and/or earnings basis, but they have a lot of capital to deploy as a group, […]

Sell a Fraction of Your Home?

Sell a Fraction of Your Home?

  Photo Credit: andrew wertz || Half a house is better than none… I am usually not into financial complexity, but I ran into a service today called Point that could be useful for some people if they need credit […]

The Graphs Go Southeast

The Graphs Go Southeast

If you always overestimate, and don’t change, what does that imply? Since the FOMC started providing their estimates on economic aggregates four years ago, I’ve been simplifying them, and posted a weighted average to cut through the clutter of their […]

After 9 years the Fed finally raised interest rates. Fed Chair Yellen took the historic step after her predecessor, Ben Bernanke, lowered rates to 0% during the depths of the 2008 global financial crisis.

Redacted Version Of The December 2015 FOMC Statement

Redacted Version Of The December 2015 FOMC Statement by David Merkel, The Aleph Blog October 2015 December 2015 Comments Information received since the FOMC met in September suggests that economic activity has been expanding at a moderate pace. Information received […]

Seven Thoughts on the Markets

Seven Thoughts on the Markets

Photo Credit: t m || Seven sisters sitting on the hill 1) I started in this game as an amateur, and built up my skills gradually, reading widely. My academic studies ended at age 25, and it was after that […]