Wall Street Currents

A Stock Market Panic Like 1987 Could Happen Again - Oct. 19, 1987, was one of the worst days in stock market history. Thirty years later, it would be comforting to believe it couldn’t happen again. Yet that’...

The Crash of 1987 and the 300 Mile Tall Man - That 25 sigma event means the “odds” of a -20.5% drop in a single day happening were something on the order of 1 in a trillion, on a normally distributed d...

为什么中国打击密码货币和ICO？ - 前言： 相比与之相似的IPO过程，ICO具有更广泛的概念。常见的ICO模式是销售数字代币，这种代币可以代表新开放的虚拟货币，产品或服务的权益，或资产所有权，并且它的范围之广，可以从 黄金储备到立陶宛约会服务 。投资者使用比特币或以太币这两种加密货币来投资ICO 项目。ICO融合了产品的预售，众筹以及投机性投...

Four proposals to help commodity exporters cope with price volatility - Financial markets have done little, if anything, to moderate the impact of commodity price volatility on the exporting countries. This column reviews four ...

US Tax Reform: Taking Care of Business - As 2017 enters its final quarter, the White House and US Congress are trying to tackle a key Republican pledge from the 2016 elections: comprehensive tax r...

Calm Before The Storm - Our weekly commentaries provide Euro Pacific Capital's latest thinking on developments in the global marketplace. Opinions expressed are those of the writ...

What Explains Shareholder Payouts by Large Banks? - On June 28, the Federal Reserve released the latest results of the Comprehensive Capital Analysis and Review (CCAR), the supervisory program that assesses ...

Just own the damn robots. - If you spend any time watching CNBC, you know who “Downtown Josh Brown” is. He is a thoughtful analyst on the markets and someone I consider a friend. He w...

Harvard goes multi-asset - Harvard’s endowment has moved from a portfolio of asset classes to a generalist investment model—an approach we see as multi-asset. Here’s why we like it.

Strong Growth for Key Cboe Index Products in 2017 - An October 17 press release introduced a new name , “Cboe Global Markets, Inc. … identity and mission at the Futures Industry Association (FIA) Expo 2017 c...

Deconstructing Amazon Prime: Loss Leader or Value Creator? - *Update (October 17, 2017): One of the things that I enjoy most about posting my valuations online is the feedback and how much I can use that feedback l...

More of the same… - October 16, 2017 It was another week of new highs across the major indexes as the markets ignored Washington and geopolitics, focused on the global econo...

Citgroup Economic Surprise Indices Have Little Bearing On Equity Market Performance - One set of indices that seems to cycle from positive to negative over a relatively short period of time are the Citigroup Economic Surprise Indices (CESI)....

Who Says This Stock Market Is Overpriced? - The market is now near its all-time highs. Yet, says Nobel laureate Robert Shiller, that doesn’t mean a turnaround is in the cards.

Talking Points: The S&P Access China Enterprises Enhanced Value Index - The S&P Access China Enterprises Enhanced Value Index seeks to measure the performance of 100 Chinese companies with securities with attractive valuations ...

Company Notes Digest 10.12.17 - 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...

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...

Foreign Buyers and Home-Price Growth - Major cities have been the entry gateway for immigrants to both the U.S. and Canada. About 14 percent of the U.S. population and 21 percent of the Canadia...

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

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.

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...