30 Sep 2016

Liquidity When You Need It

…most liquid common stocks and corporate bonds issued by non-financial companies. Initial versions of the regulation left municipal bonds out completely, but some changes recently introduced by the Federal Reserve…

27 Jan 2014

Emerging Markets Tail Wags Dog

…will continue to grow thanks to their growing populations and burgeoning middle class. Second, the valuations are interesting compared to their historic levels and compared to other developed markets and…

31 Mar 2014

Buybacks vs Dividends

…dividend. Last year, the companies in the S&P 500 earned $893.0 billion. Of those as reported earnings, those companies paid out $311.8 billion in cash dividends and spent $475.6 billion…

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19 May 2014

The State of Housing

…to pre-recession levels. That may be good news for realtors, but new home sales are still in the tank (right axis), barely off the bottom levels seen in the recession….

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