Wall Street Currents

How Large Are Default Spillovers in the U.S. Financial System? - When a financial firm suffers sufficiently high losses, it might default on its counterparties, who may in turn become unable to pay their own creditors, a...

The impact of judicial elections on criminal sentencing - The US is unusual in that it elects most of its judges. This column uses new data from ten US states to investigate whether those judges change their sente...

Lots of Inputs, But Only One Real Focal Point | Mixed Messages – Playing a Little Defense | The Message From the NAAIM Indicator Wall: Market Models Lean Bullish | Can China Trade Talks Save The Global Economy? | All About The Headlines | Update: The NAAIM Dynamic Allocation Model | Our Take: Stock Market Walking a Tightrope | Fed Steals The Show | Gentlemen Prefer Bonds | The NAAIM Member Exposure Index: Keeping Some Powder Dry - NAAIM Speaks is bi-monthly newsletter containing market insights and analysis from NAAIM member firms. “Speaks” is designed to provide a... [ Read More ]

Private Equity Access: Should We Beware? - Should retail investors have access to private equity investments? Preston McSwain shares his take.

Cuts are Coming… - 361 Capital Market Commentary | June 24, 2019 “The case for somewhat more accommodative policy has strengthened,” Fed Chairman Jerome Powell The Fed set ...

The Rise of Global Innovation by US Multinationals Poses Risks and Opportunities - For decades, US multinational corporations (MNCs) conducted nearly all their research and development (R&D) within the United States. Their focus on R&D at...

Dogs Of The Dow Update: As Of June 21, 2019 - With the first half of 2019 nearing an end, the Dogs of the Dow strategy is keeping pace with the Dow Jones Industrial Average Index. However, the Dow Dogs...

Ray Dalio Is Kinda, Sorta, Really Wrong, Part 3 - Two weeks ago I started a mini-series in the form of an open letter responding to a series of essays by Ray Dalio, the founder of Bridgewater Associates. I...

Exploring the Low Volatility Anomaly - What’s driving the continued rise of low volatility strategies globally? S&P DJI’s Tim Edwards and Craig Lazzara challenge conventional wisdom about risk a...

Meatless Future or Vegan Delusions? The Beyond Meat Valuation - In a big year for initial public offerings (IPOs), with Uber, Lyft, Pinterest and Zoom, to name just a few, already having gone public and more companies w...

Modern Monetary Theory Makes Sense, Up to a Point - The term “modern monetary theory” has been talked about so much lately that we mainstream economists need to try to understand it. We’re having trouble, th...

The Case for Avoiding U.S. Stocks and Buying Asia Instead - CLSA strategist Christopher Woods lays out his views on Asian emerging markets and the potential Trump trade deal with China—and says why the U.S. is his l...

Elevate your discovery process to help win great clients - As an advisor, honing your skills in asking the deep discovery questions sets the tone for a superior client experience. These simple steps may help you bu...

Company Notes Digest 11.05.18 - Each week we read dozens of transcripts from earnings calls and presentations as part of our investment process. Below is a weekly post which contains some...

VIX + Quants - The perception out there is that VIX traders are typically cowboys—swinging for the fences a la Mr. 50 cent or turning a small stake into millions like the...

Brackets and Defense – LOVOL and VXTH Indexes (that Bought VIX Calls) Had Lower Volatility - Over the past two months, there has been increased interest in (1) portfolio protection strategies (2) learning more about prudent uses of VIX® futures and...

Trump Plays with Fire on Trade - Our weekly commentaries provide Euro Pacific Capital's latest thinking on developments in the global marketplace. Opinions expressed are those of the writ...

Home Equity Wealth at New High - The latest flow-of-funds data from the Federal Reserve confirmed that home-equity wealth reached a new nominal high this year: $13.9 trillion at mid-2017,...

Former Morgan Stanley Executive to Expand Rockefeller Capital Management - Gregory Fleming, formerly with Morgan Stanley, will expand Rockefeller Capital Management’s asset and wealth management businesses.

A New Challenge to the Dollar - Our weekly commentaries provide Euro Pacific Capital's latest thinking on developments in the global marketplace. Opinions expressed are those of the writ...

Econophysics of Business Cycles: Aggregate Economic Fluctuations, Mean Risks and Mean Square Risks (arxiv.org) -

Robots Expose Firms to Compliance Risks - Pressure to cut costs by replacing humans with robots may end up hurting firms if they’re not careful, PwC says.

MSCI Risk Monitor: RiskMetrics Europe - October 2015 - Under a standard RiskMetrics forecasting model, this monthly Risk Monitor reports on the evolution of risk forecasts for 12 key risk factors chosen for t...