Who gets the jobs story wrong? Everyone!

Tomorrow morning we will have the monthly ritual:  The Employment Situation Report. Here are the main steps (rinse, lather, repeat). A stellar cast will be assembled to pontificate for a couple of hours on CNBC and Bloomberg. Leading economists and bloggers will quickly give reactions that will be instantly posted in MSM summaries. Alan Abelson […]

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A Consumer Guide to Investment Forecasting

If you are an investor, you cannot escape forecasting. Those who criticize predictions are guilty of an obvious blunder.  If you are making investment decisions, your conclusions — and the hidden assumptions and reasoning — depend on forecasts. So don't kid yourself.  You are a consumer of forecasts made by others.  These predictions influence your […]

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Finding the Best Information about Europe

Every day US equity investors awaken and check futures trading and the latest news from Europe.  What might seem like small tidbits of information have major effects on the total market cap for US stocks.  It may not make sense, but it is the reality. In this environment, it is important to ask:  Whom do […]

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Market Curiosities

So many issues — so little time.  Let us try a few quick takes on some current issues. Selling the GE News.  We watched with some wonder as selling ensued on the basis of a the announcement by S&P of a negative outlook for GE's triple A bond rating, perhaps in two years.  Surely the […]

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