…dramatically moved higher. The orange line takes the historical prices and puts them into today’s dollars so you don’t have to do any mental gymnastics to compare prices today to…
…indexes, although they don’t go back as far. As you can see in the chart, over the last 20 years (a period that captures all of the commercial indexes), two…
…economy. Examples of indicators in the CEI include nonfarm payroll employment, the unemployment rate, average hours worked in manufacturing, and wages and salaries. The chart above does a nice job…
…-10.8 percent. That closes the gap some, but there’s obviously a lot more to go. Over the weekend, I took a look at some of the valuation metrics for the…
…Fed’s current toolkit, which includes rate cuts, asset purchases (quantitative easing) and forward guidance; but also said that other tools such as inflation targeting and GDP targeting may be necessary…
I’d like to meet the person in Washington who comes up with the silly names for laws just for the purpose of creating a catchy acronym. Case in point is…
…material under-performance could erase itself in such a short time. Over the past few years, I’ve been asked what feels like a million times whether small-cap stocks could ever come…
…with any questions or concerns. ___________________________________________________________ Original Post – March 26, 2020 We want to share some important updates on how we are protecting our clients and employees during this…
…less attractive. While short term interest rates have been more or less pegged at zero, longer-term interest rates have fallen dramatically since the aftermath of the taper tantrum in the…
…provider FTSE started to include Chinese stocks in their emerging markets indexes and last week MSCI, another top index provider decided to do the same thing. The inclusion of Chinese…
