Wall Street Currents

The Eurozone economic recovery is humming along just fine - This column presents the first bi-annual report from CEPR’s Euro Area Business Cycle Dating Committee on the state of the Eurozone business cycle. The main...

Markov-Modulated Information Flows (arxiv.org) -

Mantle Ridge Up to Nearly $2 Billion on CSX Play - Former Pershing Square partner Paul Hilal’s activist stake in CSX railroad has reaped huge early gains — but there’s a big catch.

Is tax-reform a threat to tax-exempt bonds? - Many muni bond investors worry about the impact of potential tax reform. In contrast, we see 7 reasons why Munis may be unaffected by the new tax regime.

Getting to Know the S&P 500 Bond Index - The S&P 500 Bond Index provides exposure to the broad and relatively liquid U.S. corporate bond market, with greater sector diversification relative to its...

Alternative Links: Low or No Fee Alternatives - “The hedge fund industry has been under pressure to offer lower fee alternatives for some time,” said Sol Waksman, founder of BarclayHedge, in the statemen...

Commentary: Bounded Rationality: Tapping Investor Behavior to Source Alpha - Evidence suggests behavioral biases creep into the expectations of even the most sophisticated investors — in this case Wall Street analysts. Their influ...

North Korean Legalism: Korean Jurists Committee Statement on Sanctions - One curious feature of North Korean diplomacy is a kind of hyper-legalism. A gross violator of a number of its international obligations, North Korea frequ...

At the New York Fed: The Appropriate Government Role in U.S. Mortgage Markets - While the U.S. mortgage finance system was at the center of the recent financial crisis, it remains largely untouched by legislative reforms. At the center...

Doesn’t Matter, Doesn’t Matter, Matters! - In Outside the Box today, good friend and at various times business partner Steve Blumenthal reveals a very useful character flaw and follows up our shared...

Do Index Fund Portfolios Live Up to Expectations? - Are investors expecting more than index funds can deliver?

Dr. KOSPI's Protocol For Global Growth Diagnosis - It has been about two weeks and market sentiment seems to have quickly turned decidedly bearish and the S&P 500 Index is down only 2.2% from its high. I wi...

Henry Ellenbogen's Bet on the Future Pays Off Today - The manager of T. Rowe Price New Horizons fund invests in a winning mix of public and private growth companies. Searching for the next Twitter.

Company Notes Digest 8.18.17 - 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...

A Tesla 2017 Update: A Disruptive Force and a Debt Puzzle! - These are certainly exciting times for Tesla. The first production version of the Tesla 3 was unveiled on July 28, with few surprises on the details, but p...

New Single-day Volume Records for VIX Futures and VIX Options, as the VIX Index Rises 44.4% - An August 10 press release by CBOE Holdings stated that — “ … trading volume in options and futures on the CBOE Volatility Index® (VIX®) each reached new a...

The Transformation of the ‘American Dream' - “The American Dream is back.” President Trump made that claim in a speech in January. They are ringing words, but what do they mean? Language is importan...

The Fed May Show Trump No Love - Our weekly commentaries provide Euro Pacific Capital's latest thinking on developments in the global marketplace. Opinions expressed are those of the writ...

The EU and Japan Move Closer - Our weekly commentaries provide Euro Pacific Capital's latest thinking on developments in the global marketplace. Opinions expressed are those of the writ...

Franklin Parker Wins 2017 NAAIM Founders Award - 2017 NAAIM Founders Award Winner Franklin Parker Shows How Using Active Allocation is the Best Way to Achieve Your Goals... [ Read More ]

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.

Home Equity Wealth Makes a Comeback - Home prices have risen significantly throughout the nation since the trough in the housing cycle. Through August 2016, the S&P CoreLogic Case-Shiller Home...

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...