We will admit to having a robust love/hate relationship with behavioral finance. In the plus column, it does highlight many useful themes largely untouched by classical finance. On the downside, its focus on human frailty can be disheartening. Life...
Excerpt from Nasdaq’s latest article quoting DataTrek’s Nick Colas: ….”Nothing. That’s how the market has decided to follow up yesterday’s big reversal. With absolutely nothing. S&P 500 futures, Dow Jones...
While it never gets much credit, the humble computer mouse was a powerful agent of technological disruption when Apple launched their original Macintosh 128 in 1984. That was the first personal computer to fully integrate this peripheral device...
Our readers know that once something becomes common wisdom we immediately start tearing it apart like a puppy with a new toy. We simply can’t help ourselves. And, more often than not, we find something unexpected. Today’s example is the...
One of our favorite parlor tricks at client events is to ask a simple question of the group: “What percentage of Apple’s stock is owned by exchange traded funds?” The answers usually come back in a range of 10 – 30%. The answer is just...
Excerpt from Crain’s New York Business article quoting DataTrek’s Nick Colas: …. “Until today, investors had mostly discounted Trump’s talk about trade wars, assuming that he cares so much about stock prices that he...
