Alan Greenspan, who served as Fed Chairman for almost 20 years, died last month at the age of 100. He was a talented and faithful public servant who guided U.S. monetary policy through the stock market crash of 1987, the boom years of the 1990s and the dot-com bubble. He was thoughtful and witty in his public comments. However, he seemed to regard a lack of ... Show More
Jul 20
A Top Down View of the Earnings Surge
The earnings season has started with a blast. As of Friday morning, 49 of the S&P500 companies had reported second-quarter earnings, with 85% beating expectations and the index on track for a blockbuster 23% year-over-year gain for the quarter. According to FactSet, analysts now ... Show More
15m 35s
Jul 6
Consumer Sentiment and the Stock Market
Despite very average economic performance, consumer sentiment remains at extraordinarily low levels. While there are many interesting aspects to this phenomenon, one is of particular relevance to investors. As we show on page 32 of the Guide to the Markets, peaks and troughs in c ... Show More
12m 1s
<p>– Unemployment falls, hard...</p> <p>– ... but inflation doesn't budge</p> <p>– Armaguard on the brink and the future of cash</p> <p>– What mergers and demergers can tell us (and what they can't)</p><p>See <a href="https://omnystudio.com/listener">omnystudio.com/listener</a> f ... Show More
