Is the Market Done Correcting?

DataTrek’s Nick Colas was on CNBC yesterday with Kelly Evans, Bill Griffeth, Michael Santoli, and Kenny Polcari talking about the recent market recovery.  Lots of grounded covered in a short time. …

Are Unicorns Overvalued?

Startups strive for the magic $1 billion valuation to become a so called “unicorn”, but even when they do, is it always justified? In many cases, not so, at least according …

Oil and Stocks Don’t Mix

One of our favorite investment games is called “What if I told you…” Some examples: What if I told you the Republican Party will hold on to the House and Senate …

Birds of a Feather Fall Together

If February’s sell off gave you flash backs to 2008 or 1987, there’s a good reason. Asset class and sector correlations spiked this month, just as they do in every …

Inverse VIX ETFs Are Growing Again

If you thought that Inverse/Leveraged/Volatility exchange traded funds and products had lost their investor appeal of late, you would be very wrong. Over the past 5 days: Inflows into Inverse …

Churches & Bars, Bitcoin & Stocks

Many of you know I went to the University of Chicago for my MBA many years ago. At the time the school was best known for steely-eyed quantitative analysis. Occasionally, however, …