A Fresh Look at the Payroll Employment Report

Each month the market reacts and over-reacts to the payroll employment report.  The problem is that the BLS has been asked to measure the monthly change in employment.  Why?  Because that is what we want to know. The problem?  It is an impossible job.  The BLS attempts to solve the problem in a very professional […]

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The Use and Abuse of Data: Two Excellent Commentaries

In the current issue of Barron’s Mike Santoli has some special insight for those trying to interpret the many historical analogies making the rounds.  He writes: • Every time the U.S. unemployment rate has risen by at least 0.3% in a month, as it did in December, a recession has occurred. So a recession is […]

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Using Gambling to Learn about Investing

At “A Dash” we have tried to draw a clear distinction between investing and gambling. We believe that the analysis of gambling situations frequently provides more data, allowing a long-run analysis. The techniques used are the same that investors should use in evaluating stocks and sectors. The Danger Those buying stocks, whether their time frame […]

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