The market forecasters and personal finance
blogs complement the Economics Roundtable.
CurryBlog (Karsten Junge)
"Putting the spice back into investing.”
February 11, 2014, 5:13 pm, 1221674
One of the things that keeps me wondering is why people actually spend so much time discussing why active management is better or worse than passive management. The Hypertextual Financial Glossary
tells us that
Active portfolio strategy
A strategy that uses available information and forecasting techniques to seek better ...
February 11, 2014, 5:13 pm, 1221675
The Chicago Purchasing Managers Index
(pdf!) came out today at a better than expected 61.3. Although the number is better than expected it is still below the average level seen during the beginning of this year.
The employment figure came in at 53.9 which constitutes a recovery ...
February 11, 2014, 5:13 pm, 1221676
I have a great suggestion for all of you out there who think that the CPI is a sham: go over to Pimco's website
and read Bill Gross' latest commentary
The King of Bonds provides his readers with an industrial strength smackdown of hedonic adjustment. Some extracts ...
February 11, 2014, 5:13 pm, 1221677
Remember the old adage about an optimist saying that a glass is half full while the pessimist says it is half empty? Something similar is happening with official attitudes to the US currency.
The strong dollar policy of the past has been tacitly abandoned over the past two ...
February 11, 2014, 5:13 pm, 1221673
Markets are all about expectations - you buy stuff which you think will increase in value and sell stuff which you think will lose value. This basic rule holds true in the real economy as well - if a purchasing manager thinks that some vital resource is going to get ...
February 11, 2014, 5:13 pm, 1221672
Work ate into most of my blogging time this week. I hope that regular service will resume as soon as possible.
February 11, 2014, 5:13 pm, 1221669
's Paul McCulley does an excellent job of Fed watching
(as always). He also manages to explain the mechanism by which the Fed massages the economy in a way that is so persusasive that anyone will "get it" quicker than I can write "transmission mechanism".
February 11, 2014, 5:13 pm, 1221670
I was talking to a colleague a couple of days ago and he very nonchalantly compared the current situation in the US economy to the Asian currency crisis back in 1997. I was just about to say something along the lines of "come on, this is completely different" when it ...
February 11, 2014, 5:13 pm, 1221671
No time at all
@ home internet access back as of yesterday
Looking forward to blogging again...
February 11, 2014, 5:13 pm, 1221668