Nick Colas, DataTrek Co-founder, quoted in Bloomberg: “It’s been derided as a fad that panders to the weaker facets of human nature. But Keeping Up With the Kardashians – the reality TV series featuring an ensemble cast of the eponymous...
We’re doing our best to make sure we don’t flood you with bitcoin/crypto information because there are plenty of other issues with broad appeal. That’s hard, though, when the topic dominates both financial news headlines and popular...
What if the global economy entered a recession in the first half of 2018? Very few analysts expect such an outcome, but that alone makes it a question worth pondering. How would US corporate profits, and by extension stock prices, fare in a typical...
“I’m not in this world to live up to your expectations and you’re not in this world to live up to mine.” Bruce Lee said that, and it is the closest thing I have to a mantra at the moment. The sentiment also applies to markets. Asset prices...
Economists at the New York Fed came out today with a novel Big Data analysis on US student loan default rates. This is a critical issue for the US economy, with student indebtedness up 170% over the last decade and 28% default rates (a record...
From Nick: Latest note for Bloomberg is on a topic near to my heart: worst case scenarios. We looked at the lowest 2018 analyst earnings estimates for the top 20 S&P stocks (AAPL, GOOG, FB, JNJ, JPM etc). The takeaway: they trade for 20x those...
