Efficient Market Theory is based largely on the concept of crowd wisdom – that a large group of people casting their collective votes in the stock market produces correct stock prices and hence an “efficient market.” However, we know from […]
Author: Guest Post
Hedge Fund Assets Hit All-Time Month-End High Driven By Inflows And Returns
Seemingly against popular expectation, hedge fund assets under management set a new all-time month-end high at the end of August 2017. With redemption pressures abating in certain segments and continued strong interest in others, along with consistently positive returns, the […]
Bitcoin or BitCon?
By millennialinvesting Bitcoin, the top cryptocurrency by market share, is a fraud, per JPMorgan (JPM) CEO Jamie Dimon. There’s a number of Wall Streeters calling into question the long-term viability of Bitcoin – from Howard Marks to Ray Dalio. Is […]
The Dollar’s Message To Equities: You’re On Notice
A tectonic shift may have just occurred today, which went otherwise unnoticed by equities. While the bond market quietly whispered signals, the currency market sent a message that was loud and clear. The Dollar may have stopped going down today […]
The Yield Curve Is Far From Flat
Yield Curve Flattening? The Yield curve is flattening, so they say. But in reality, it isn’t as flat as you would think. Going back to 1976, the 10-2yr yield has averaged 0.9696%, with a standard deviation of 0.93%. Or more […]
Hurricane Maria Gives Puerto Rico an Opening to Shake Off Shackles and Build a Modern Grid
It isn’t known yet exactly how badly damaged Puerto Rico’s electrical infrastructure is, but the devastation wrought by Hurricane Maria is severe. While the Puerto Rico Electric Power Authority (PREPA) tweeted yesterday that “the process of recovery will be extensive, […]
Sacrificing Civility For Instability
This past week saw the release of the FOMC Minutes. Nothing new to report here, just the typical Fed speak and jargon we have come to expect month in and month out. The usual expectation of inflation picking up in […]
Sports & Stocks – Chapter 8: The Two Minute Drill
In Football, the two minute drill is a game situation that occurs often in the last 2 minutes of the half or the end of game. The offense tries to move the ball quickly to score before the end of […]
IEEFA Questions PREPA’s ‘Misguided’ Electric Plan For Puerto Rico; Notes High Risks And Costs; Sees Perpetuation Of Import Addiction
Call for Energy Independence in U.S. Commonwealth ‘Extraordinarily Short Shrift to the Potential for Renewable-Energy Development and for Energy-Efficiency Improvements’ CLEVELAND, May 2, 2016 (IEEFA) — The Institute for Energy Economics and Financial Analysis has filed public comments recommending that […]
The Trump Effect: How The Donald Could Impact Your Dollars
From executive actions to yield curves, use the White House to your benefit There’s a lot of talk around President Donald J. Trump just about every day. Across the political spectrum, people have varying opinions about the Trump administration. No […]
Chamath Palihapitiya On Bitcoin
There are plenty of Bitcoin bears out there, including JPMorgan Chase CEO Jamie Dimon. It’s nice to hear from someone with a brighter outlook. Social Capital’s founder, Chamath Palihapitiya has said he is massively long Bitcoin. Chamath says the genie […]
