Market Structure Insights
February 5, 2014
Mayday! That’s the word quarterback Peyton Manning should’ve used Sunday, instead of Omaha! But we congratulate Coach Pete Carroll, a gentleman, and his bruisers from the Puget Sound. Speaking of bruising, earnings season and macro factors collided like particles in an accelerator as January slopped...
January 29, 2014
Omaha! Rather than Nebraska, we’re in Steamboat Springs enjoying spectacular slopes before this weekend’s big game between our Broncos and the Seahawks. Denver quarterback Peyton Manning uses the word “Omaha” to change plays or alert his team to shifting defensive coverage. In football, both defenses...
January 22, 2014
Did you know that auctioneers make bad grocery-store clerks? So argues a GEICO TV commercial – unwittingly teaching a last lesson on high-frequency trading. I’m sure you’re ready to move on! Ever see the movie The Red Violin? It traces a storied musical instrument through...
January 15, 2014
A good exit strategy. It’s always wise to have one. With the polar vortex bearing down on the national midsection last week, our exit strategy, fortuitously, was sponsoring NIRI’s fundamentals of IR program in Santa Monica. Karen snapped this dusk photo in shirtsleeves from our...
January 8, 2014
Happy New Year! Hope you spent the two-week break from these pages joyfully. We’ve descended this week from the high Denver backbone of the continent to visit west in Santa Monica and sponsor NIRI’s Fundamentals of IR program. Following our New York trip before Christmas,...
December 18, 2013
Is the Federal Reserve fueling stock-market gains? When St. Louis Fed president James Bullard addressed the Bowling Green, KY, Chamber of Commerce in February 2011, he pinpointed correlation between Ben Bernanke’s September 2010 Jackson Hole speech on “QE2,” the Fed’s second easy-money program, and the...