The recovery that wasn’t a recovery may have come to an end, as the Bureau of Economic Analysis reported that gross domestic product dropped by 1% during the first quarter…
Household Income Shows Troubling Outcome
Hold off on the victory dance. The 2014 “Economic Report of the President” and many media reports indicate that the U.S. economy has finally recovered. But has it? One measure…
Investing at a Profit Now a Sure Thing – For Some
Imagine being able to trade stocks and knowing that you will make a profit every day. Of course, for the average investor, this is impossible. But mega-banks aren’t average investors.…
Talking the Talk
When’s the last time you’ve heard anything about the sovereign debt crisis? We’ve seen more activity in a tortoise than we’ve seen in Europe of late. Maybe Vladimir Putin needs…
Wishful Thinking Does Not Create Economic Recovery
This was going to be the year. Remember the predictions of 3% economic growth? More recently, the consensus was 1.2% growth for the most recent quarter. It turns out, though,…
The Economic Recovery That No One Noticed
The average recovery since the end of World War II has been 58 months. The current “recovery” has just reached that milestone. So maybe we should be celebrating. But what’s…
The Fed Goes Long
Few investors today would consider investing in long-term Treasury bonds. The yield curve, which measures the spread between interest rates for short-term and long-term bonds, is not as flat as…
Shining a Light on Dark Pools
“Unless there are some changes, there’s going to be a massive crash, a flash crash times ten.” …
Good Market Rigging vs. Bad Market Rigging
“The markets are rigged. … These firms make their money by front-running trades. They’re using their speed advantage to buy shares first and then selling them back at a higher…
Think Like a Rat
Experiments show that if you put rats in a maze and give them a jolt of electricity when they go the wrong way, they will eventually go the right way.…