FT Alphaville » The market for sovereign default recoveries. The Hedgehog's Error: Time To Buy European Stocks? - Seeking Alpha. Option Trade Idea Diagonal Spreads- Macro Story.
Scenarios: What measures might G7 announce to calm markets? Never Mind the Markets. Erhöht sie im nächsten Jahr die Zinsen?
Die Chefin der US-Notenbank, Janet Yellen, hat die Erwartungen jedenfalls nicht gedämpft. Stocks. Hussman Funds - Weekly Market Comment: August 5, 2013 - The Minsky Bubble. August 5, 2013 The Minsky Bubble John P.
Hussman, Ph.D. All rights reserved and actively enforced. Reprint Policy. Market monetarism - Wikipedia, the free encyclopedia. Market monetarism is a school of macroeconomic thought that advocates that central banks target the level of nominal income instead of inflation, unemployment, or other measures of economic activity, including in times of shocks such as the bursting of the real estate bubble in 2006. In contrast to traditional monetarists, market monetarists do not believe monetary aggregates or commodity prices such as gold are the optimal guide to intervention.
Market monetarists also reject the New Keynesian focus on interest rates as the primary instrument of monetary policy. Market monetarists prefer a nominal income target due to their twin beliefs that rational expectations are crucial to policy, and that markets react instantly to changes in their expectations about future policy, without the "long and variable lags" highlighted by Milton Friedman. History Bruce Bartlett, former adviser to U.S. President Ronald Reagan, and Treasury official under President George H.W. Humble Student of the Markets: A Dalio explanation of Evan-Pritchard's dile. Financial markets: Cash is king. EmbeddedSourcesServlet (application/pdf Object)
Systemic Risk and Systematic Value: Origins of financial market trends. A working paper explores sources of market price trends.
It suggests that small trend changes in perceptions about “fundamentals” can set in motion a persistent adjustment in transacted prices. And even without any changes to “fundamentals” or “technicals” trends are plausible. “On possible origins of trends in financial market price changes”, Ryo Murakamia, Tomomichi Nakamura, Shin Kimura, Masashi Manabe, and Toshihiro Tanizawa. IMF World Economic Outlook (WEO) Update: Is the Tide Rising?, January 2014. World Economic and Financial Surveys World Economic Outlook (WEO) Update Is the Tide Rising?
January 2014 Global activity strengthened during the second half of 2013, as anticipated in the October 2013 World Economic Outlook (WEO). Activity is expected to improve further in 2014–15, largely on account of recovery in the advanced economies. Here's How To Build A 'Whatever Happens' Portfolio Right Now. Since no one "knows" what the market will do, we have created a "whatever happens" portfolioComprised of different asset classes, we are positioned for almost any scenarioWe are in the funds, ETFs and stocks with the highest volume and liquidity so we can move quickly as the market tells us to I sent a note to our clients at the end of last week that I think may have value for our loyal readers here, as well.
I will share my comments to them, but also remind you of the specific funds, ETFs and individual securities we have previously discussed that may be of value in your own investing. There is no such thing as a “defensive” portfolio of long-only stocks. Stockbrokers who must always keep something new ready to sell will cite utilities, health care and consumer staples as stocks to rotate into to protect against a market crash.
Never Mind the Markets. Financial markets: Cash is king. UPDATING THE MARKET BASKET - New York Times. Correction Appended WASHINGTON, Feb. 25— More money for cable television, legal fees and dinners away from home.
Less for car repairs, red meat, dry cleaning and pastry. A herculean $45 million effort has reapportioned the Consumer Price Index's basket of goods and services to reflect a decade's worth of changes in the nation's spending patterns. Thoughtful Marxist economists have often, it appears, been fascinated by Austrian economics.
Humble Student of the Markets: A Dalio explanation of Evan-Pritchard's dile. Rosenberg Presents The Three Ways Bernanke Disappointed The Market, And Why. With everyone chiming in with their take on Operation Twist, here is one of the few actually worthy ones on the matter.
From David Rosenberg. Guest Post: Where Is This Market Headed? Submitted by MacroStory.com Where Is This Market Headed?
“He observed that human emotions collectively had major impacts on the movement of stock prices and Markets in general, ultimately creating patterns that kept repeating.” - From a book on Jesse Livermore's trading style. Markets at major inflection points are more a function of investor psychology and less technicals and or macro data. The struggle between bull and bear, greed and fear will always play a major role in the success and failure of investors. Market Monetarism – Monetary Base Overdrive. By JKH (cross posted from Monetary Realism) Martin Wolf has written (HT Cullen Roche) an excellent article on the recent Bank of England paper.
Here are his key summary points from that article: First, banks are not just financial intermediaries. The act of saving does not increase deposits in banks. E-Markets Nexus - Nordea. January was a blast start of the year, with the Swiss National Bank (SNB) abandoning the EURCHF floor. Will the Danish central bank (Nationalbanken) follow suit and abandon the tight EURDKK peg?
No. Here is why: 1. Political commitment. E-Markets Nexus - Nordea. As if January was not enough, last week Swedish central bank joined with the surprise QE, a rate cut and lower rate guidance. Looking at Sweden’s leading macro indicators and the asset prices… seriously? It seems many central banks around the world got too fixated on the old 2%-inflation paradigm, trying to inflate the money at whatever cost, whatever the reason. In Denmark you can now get paid cash for a mortgage! How low can the interest rates go?