Interesting post from the WSJ on how momentum in the first half of the year carries over to the second half when the first half is exceptionally strong. What I … Read More
//Copper Plunge Has Me Nervous //
Here’s an interesting article about the plunge in copper, and how it might be signaling future economic weakness. Those of you familiar with our simple three factor system know that … Read More
//Emerging Markets Are Underperforming Again //
Earlier we wrote about emerging markets and how the companies that construct the indexes were going to increase the Chinese component.Now this:“Regulatory filings show that hedge funds in the first … Read More
//Are You Unknowingly Betting On China During A Trade War? //
This from yesterday’s Wall Street Journal:”Investors are about to buy billions of dollars in mainland Chinese stocks even as trade tensions whipsaw markets.”Two of the largest global index providers, MSCI … Read More
//Strange Things Happening in Europe //
Two strange things are going on in Europe. As the chart below shows, there has been a big increase in the quantity of government bonds that have a negative yield. … Read More
//Jamie Dimon Likes Straddles //
OK, maybe he doesn’t really “like” straddles. But what he does say implies that the market conditions going forward will have characteristics that are conducive to long straddles. Dimon Sees … Read More
//This Time is Different? //
If you’ve been a member of our Three Easy Factors service (now renamed to Three Pillars), you’ve probably taken notice of the yield curve lately. Well, some people are still … Read More
//The Bull Market is 3 Months Old //
I agree with this.
//Declining Liquidity //
This article is behind a paywall. But the headline provides the key point: Liquidity of the E-mini S&P 500 futures contracts is shrinking – hit hard after the two volatility shocks … Read More
