Facts about the Fed: An Inside Look

There is an excellent way to cut through the misleading commentary about the Fed.  You will learn a number of useful facts, and feel less nervous about what Fed Governors say.  Not only that, it is an enjoyable way to spend a couple of hours. Read Laurence Meyers book, A Term at the Fed.  You […]

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Foolish Fed “Facts”

As I write this, Erin Burnett is leading a CNBC discussion about the possible strength of tomorrow’s employment report, especially given the strong forecast released yesterday by ADP.  If it is a strong report, everyone will speculate about the likely implications for the next Fed meeting.  We’ll probably see something like the following discussion of […]

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WHAT I KNOW

Readers of "A Dash" will already be familiar with much of Jack Miller’s list of things he knows.  It is worth looking at these items as a collection, and also considering his conclusion.  A strength of his approach is that he thinks about the relative value of various asset classes. Link: WHAT I KNOW. A […]

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Apple Chart

Apple (AAPL) stock has been under some pressure.  There are a number of interesting issues, nicely laid out by Barry Ritholtz in his commentary on the recent price action. Should we pay attention to this or to the fundamentals?  What about the stock options controversy.  Take a look at Barry’s view, and then consider some […]

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Not Expensive vs cheap

Barry once again has his finger on the key stock market issue.  (And congratulations on the recogition by a major trading publication.)  Why have we had several years of excellent economic growth accompanied by reduced budget deficit projections, stellar corporate profits, and vastly improved corporate balance sheets without a concomittant increase in stock prices? His […]

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