Category Archives: Uncategorized
There’s no questions that indexing has become more popular. And since most active managers can’t beat the index, that’s probably a good thing. Here’s the latest piece arguing that it’s impossible to identify market-beating managers before the fact. Larry Swedroe … Continue reading
Brett Arends calls for Greece to default.
According to this LA Times piece, the Kern County supervisors have declared a fiscal state of emergency due to lack of anticipated property tax revenues because of the low price of crude. Not many people know Kern County (110 miles … Continue reading
The Fed is in a difficult spot. It will raise in order to have more tools in the future. If the economy seriously rolls over before they raise, they will have no tools left. That’s what they’re trying to avoid. … Continue reading
The NYTimes has a good piece and a data segment detailing the shrinking of the middle class. Megan McArdle discusses the taxation of the upper middle class by targeting its savings. Morningstar discusses the Illinois retirement plan initiative mandated by … Continue reading
This isn’t the way value investors typically think, but correlations have been very high for the past 18 months or so — except for high yield and commodities. Are they the canaries in the coal mine? Especially if you think … Continue reading
Click on the bubble pic below: