My First Trade

I clicked the speed dial on the office line. A voice said "Stock desk." I was very nervous.  Despite earning my PhD at 27, advising high-level government officials, testifying before government committees, and frequent public speaking to large groups, this was a bit different.  I was actually spending money — a lot of it! Under […]

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September Employment Situation Preview

The monthly employment report is widely regarded as providing the most important economic data.  It makes sense. Job growth and the unemployment rate are important indicators of the economic recovery (or lack thereof). Without jobs, how can there be solid consumption? Political fortunes will swing on the extent of job losses and new job creation. […]

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Dirty Deficits and GDP

This week we’ll see the first revision to the GDP estimate for Q210. Most observers expect a downward revision. Brian Wesbury of First Trust Advisors explains why: …the pessimists are all talking about the fact that real GDP will be revised downwardly to an annualized growth rate of about 1% in the second quarter. What they […]

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Investing 101

Most of my work on “A Dash” is written for the individual investor who is trying to make sense out of conflicting information. I am delighted to get responses from other financial advisors and from sophisticated investors with alternative viewpoints. Meanwhile, I also get occasional messages from another group – people who are just getting […]

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ETF Update: Back to the Sideline

Sometimes great minds think alike, but often they do not.  In the financial world the leading experts often disagree, especially on specific trades. Method Matters Regular readers know that I like to use the sports world for examples, particularly the realm of handicapping.  Let us imagine that we have four different football experts: The fundamental […]

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