Wall Street Currents

Monetary policy in times of uncertainty - Dealing with uncertainty about the state of the economy is one of the main challenges facing monetary policymakers. In recent years there has been an exten...

Why the Next ECB President Will Be from Germany—and Probably Jens Weidmann - On top of all their other problems, EU leaders face decisions by June on choosing the next heads of no less than four entities: the European Commission, Eu...

The Discovering Markets Hypothesis (DMH) - Thomas Mayer, CFA. PhD, introduces the Discovering Markets Hypothesis (DMH), which he developed with Marius Kleinheyer.

Are There Reasons to be Concerned? | If at First You Don’t Succeed | The Fundamentals Remain Supportive | A New Course For the Fed? | It’s a Bull Market Until Proven Otherwise | The Bears Had a Chance, But… | Just Another Dip-Buying Opportunity! - NAAIM Speaks is bi-monthly newsletter containing market insights and analysis from NAAIM member firms. “Speaks” is designed to provide a... [ Read More ]

The FAANG Trade In Focus Again - Since the equity market peak in the third quarter of 2018, the average return of the FAANG basket of stocks, i.e., Facebook (FB), Amazon (AMZN), Apple (AAP...

No Free Lunch: Valuation Determines Return - Last week, I described the enormous challenges retirees face. One reason for that, aside from insufficient savings, is that markets haven’t delivered the r...

A Beach Glitch - 361 Capital Market Commentary | March 11, 2019 Life is not a straight line. Glitches happen. Like on Friday when Anti-Goldilocks showed herself and took ...

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...

Lyft Off? The First Ride Sharing IPO! - Last week, Lyft became the first of the ride sharing companies to announce plans for an initial public officering, filing its prospectus. It is definitely ...

Assessing the Price Impact of Treasury Market Workups - The price impact of a trade derives largely from its informational content. The “workup” mechanism, a trading protocol used in the U.S. Treasury securities...

Morality and Money Management - Following his recent death, Vanguard Group founder Jack Bogle was widely and generously eulogized – and justifiably so. But if everyone followed Bogle’s in...

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...

Science-Based Targets: How Aligning Carbon Reduction Targets With Climate Science Can Drive Business Growth - Science-based targets (SBTs) are environmental performance targets that are set to align business objectives with scientific evidence on the planet’s abili...

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...