Others

An Earnings Season Replay?

07/20/2015

Earnings expectations are likely still too low.

The Fed Taketh, Congress Giveth?

12/11/2014

Bank rules might get a bit easier and tougher, but this week’s developments are more spectacle than anything else.

Another One Gets Delayed

08/14/2013

Another Affordable Care Act rule has been delayed. Markets have largely brushed off the legislation so, in our view, these delays likely get the same response.

So Long, Fannie and Freddie?

08/08/2013

Congress is debating unwinding Fannie Mae and Freddie Mac, but in our view, near-term market impact is likely limited as too many factors remain unknown.

Let It Be

07/30/2013

Headlines are focused on BOE Governor Mark Carney’s monetary policy statements, but his regulatory actions might be more impactful for the UK economy and markets. 

Dodd-Frank: Relaxing Unwritten Rules?

07/25/2013

Dodd-Frank turned three years old over the weekend, yet many rules remain unwritten—and some seem poised to stay that way.

The Rise of Technocranalysis

06/05/2013

Technocratic thinking is infesting economics—and enfeebling it.

Waiting for Shinzo-man

05/17/2013

Japanese equity markets and growth surged in Q1, but absent necessary structural and economic reforms, is it sustainable?

EU Regulatory Wrangling—The Saga Continues

05/15/2013

EU finance ministers continue debating how to treat uninsured depositors when banks fail. 

Holloundering

05/01/2013

Despite a seemingly pro-business move lowering some taxes on Monday, Hollande’s future legislation likely doesn’t stay on this, or any, set path.

Abe’s Constitutional Gambit

04/25/2013

It seems Japanese economic reform may be on ice for now as Abe takes aim at the constitution.

Fitch’s ‘Fiscal Space’

04/22/2013

Fitch seemingly Xeroxed Moody’s arbitrary rationale in downgrading the UK’s credit rating Friday.

Across the Pond Thursday

04/19/2013

The Italian presidential election and Germany’s approval of Cyprus’s bailout dominated eurozone news on Thursday.

Portu-Geez!

04/10/2013

Portugal’s political and economic (relative) calm’s been recently disrupted—does this mean rocky territory from here on out?

The Cypriot Gambit

03/21/2013

Cyprus voted ‘no’ on seizing deposits and may have another plan in mind.

Cyprus Bailout Blues

03/19/2013

A forced seizure of Cypriot bank deposits is bad policy, but the global fallout appears limited.

And In Other News…

03/04/2013

From Dodd-Frank’s incomplete grade to Brazil’s efforts to undo self-inflicted wounds, here’s a brief look  at stories that caught our eyes Friday.

A Blustery Energy Outlook

12/27/2012

There seem to be a number of trends in the energy industry converging—how they play out depends largely (for better or worse) on politicians’ decisions.

Regulation Deliberation

12/11/2012

The development and implementation of regulation rooted in 2008’s financial crisis has largely been slow. And overall, that’s a good thing.

Greek Default Redux

12/07/2012

Two Greek defaults couldn’t derail markets in 2012.

Unintended Unintended Consequences

12/03/2012

Often, the unintended consequences of government action are rather predictable—sometimes, though, even the unintended consequences are a surprise.

Reasons to Give Thanks

11/23/2012

Our annual list of reasons we’re thankful this year.

Unsurprising Revelations

11/16/2012

The eurozone and China dominated headlines Thursday, but news was largely as expected, save for a few interesting twists.

Hurricanes and Broken Windows

11/02/2012

Examining the potential economic and market impact of natural disasters.

Capitalism, the Capitol and Capitals

10/17/2012

Crony capitalism, debating capital in the Capitol and a “critical” summit in Belgium’s capital.

Of Rice and Men

10/05/2012

Thailand’s ill-advised experiment with rice markets is already showing signs of unraveling.

Boomers, Korean Agriculture and Airlines

09/26/2012

Our minds were divided Tuesday, covering North Korean agricultural reforms, demographic argument debunking and transcontinental airline merger proposals largely underpinned by silly legislation.

This Just In: Incentives Matter

08/20/2012

Rising corn prices this summer aren’t only being driven by a drought.

Stirring the UK Stimulus Debate

08/17/2012

Recent upward revisions to some UK economic data don’t quite square with growing calls for fiscal stimulus.

An Icelandic Remedy?

08/14/2012

Is Iceland’s return to economic growth a model for the eurozone?

Touring Tuesday’s Headlines

08/01/2012

A famed economist’s centennial, India’s blackouts and China’s gradual financial system liberalization  were in the headlines Tuesday.

Greece’s ‘Stranger Than Fiction’ Past and Present

07/23/2012

Greece’s past and present show the truth in words Greek revolutionary hero Lord Byron penned two hundred years ago.

Tuesday’s Transatlantic Economic Tour

07/18/2012

Spain successfully auctioned short-term debt, US industrial production nicely beat estimates and benign US inflation figures met with some odd media conclusions on a busy Tuesday.

Typical Tidbits

07/11/2012

Our midweek mash-up of new (and not-so-new) news.

Noshing on News

06/20/2012

In which we sample Spanish yields, European finger-pointing, ratings agency wrangling and a healthy slice of free trade.

A Mélange of Miscellany

06/13/2012

A midweek mash-up of news that caught our eye.

Local Lessons in Overregulation

05/14/2012

While many ponder the best ways government can aid economic growth, we have a not-so-small suggestion.

Basel Bickering

05/04/2012

European officials continue to bicker over Basel 3 implementation, adding to political intrigue.

Report From the PIIGS

01/20/2012

A brief review of PIIGS updates from Thursday.

Foreign Affairs

01/18/2012

A brief rundown of China’s GDP, Hungarian political posturing and eurozone bond auctions.

A Busy Day Around the Web

12/16/2011

A look at Spanish yields, recent US economic and legislative news and renewed drilling activity in the Gulf of Mexico.

Giving Thanks Amid Volatility

11/24/2011

Stocks continued 2011’s volatile pattern on Wednesday—but that doesn’t negate the list of things to be thankful for this year.

A Preponderance of the Evidence: Growth

10/21/2011

Although sentiment continues to be dour, a preponderance of the evidence shows underappreciated economic strength.

A Little Less Legislation, Please

07/01/2011

Recent legislation and its unintended consequences have us asking for a little more conversation and a little less action.

Fool Me Once, Shame On Me?

06/10/2011

Picking apart financial news and reading between the lines are critical to successful investing.  

2011: A Sentiment Tug-of-War

02/07/2011

The bull market looks likely to continue in 2011 but with important differences from the past two years.

That Four-Letter Word

02/02/2011

The US government may currently be in deep debt, but it's not necessarily a cause for alarm.

A Beltway Blue Moon

01/19/2011

A recent executive order seeks to clean house in Washington and hints at a more moderate political climate.

Circling the Wagons

01/12/2011
Strong demand met the eurozone's first jointly backed bonds to aid Ireland. 

The Piggy Bank’s Still Intact

01/11/2011
As a new year in sovereign funding gets under way, euro scrutiny may heat up a bit. 

Abandoning the Absolute

01/05/2011
The ability to think relatively is one of humanity's great strengths—especially in investing.

A Back-end Boost

12/22/2010
Despite being in negative territory as late as mid-September, markets are now decidedly up for the year.

Let’s Make a Deal

12/08/2010
The White House struck a deal with congressional Republicans on Bush-era tax cuts Monday night.

2010’s Wall of Worry

12/01/2010
Despite rampant worry, stocks are proving resilient in 2010.

The Still-Fighting Irish

11/23/2010
Ireland officially requested aid as the ruling party announced it will dissolve the government after an impending budget vote.

All Things European

11/22/2010
While much attention is paid to various European nation's sovereign debt, behind the scenes European corporations are strong and positioned well.

One of Those Days

11/17/2010
Stocks took a dive on another round of recycled worries Tuesday.

Debating the Euro

11/10/2010
Euro worries are bubbling up again, but any risk remains firmly in the future.

Officially Corrected

11/05/2010
The MSCI World and S&P 500 returned to pre-correction highs this week with very little fanfare.

OMG! Prosperity!

10/29/2010
Mobile computing technology is exploding in Emerging Markets, which is a windfall for the global economy.

Production Chugs Along

10/19/2010
US industrial production fell in September—but investors needn't worry much over small monthly fluctuations.

We’re All Jelly Donuts

10/15/2010
Global economic prosperity is possible, and Germany shows how it's achievable. 

More Monetary Easing?

10/13/2010
Investors devoured the Fed minutes from its latest meeting. 

Of Taxes and Politics

10/12/2010
Midterms elections are fast approaching, and politicians are talking taxes.

Japan’s QE and ZIRP

10/06/2010
Japan surprised investors with its particularly dovish monetary policy announcement Tuesday. 

The Semantics of Recovery

09/29/2010
Few admit it, but recovery is almost over and expansion almost here.

Reading Between the Unemployment Lines

09/24/2010
Look past the headlines—and the unemployment lines may be getting shorter.

Skin and Bones

09/22/2010
The Fed's most recent policy statement was sparse as ever, intimating the central bank remains flexible.      

Show Me the Yuan

09/17/2010
China will eventually have to free its capital markets and currency, but doing so gradually may be preferable to forcing the issue.

This Day in History

09/15/2010
Lehman Brothers is history, but the fallout from its failure still seems fresh.     

Recycled Pessimism

09/10/2010
If you believe the media hype, 2010 might seem like a lost cause, but there's still plenty of time for global stocks to have a solid year.

A Bearish Back-and-Forth

09/08/2010
Investors refocused on Europe Tuesday—the latest shift in this year's bearish back-and-forth.    

A Nice Thought

09/03/2010
Central banks remain flexible as credit conditions continue to thaw.

Goring the Global Growth Slowdown

09/02/2010
Wednesday's global manufacturing data effectively pulled another leg out from under the double-dip table.

Beyond These Borders

09/01/2010
To properly frame the US double-dip debate, global investors need to keep the whole world in mind.    

Distorted Housing’s a Drag

08/25/2010
Existing home sales fell more than expected in July, the month after the homebuyer tax credit expired.    

Gridlock Is Great

08/24/2010
Political gridlock is increasing all over the world—a good thing for markets.

Fruitlessly Fearful

08/18/2010
After a week of worry and whispering, the Treasury's conference on Fannie Mae and Freddie Mac was a yawner.    

And the Silver Goes to . . .

08/17/2010
China surpassed Japan in Q2 as the world's second largest economy.

Employment on Capital Spending’s Heels

08/13/2010
Historically, hiring follows on the heels of corporate capital spending—which is already underway.

Got It Made With Global Trade

08/10/2010
Global trade is booming—and that's bullish.

Hermes Delivers

08/06/2010
As the risk of a Greek default gets slimmer, all of Europe appears on steadier economic ground.

Cash Is Cheap

08/04/2010
Cash-rich companies are further building reserves by borrowing at ultra-low rates.

Fuzzy Manufacturing Math

08/03/2010
Global manufacturing expanded again in July 2010, but you wouldn't know from the dour headlines.

Silence of the PIIGS

07/30/2010
PIIGS debt auctions are garnering less and less attention in the financial media–and no news is good news.

Basel III Takes Shape

07/28/2010
A more moderate amendment to the global book of bank rules gained wide acceptance Monday—alleviating more financial uncertainty. 

Earnings to Fly

07/23/2010
Q2 2010 corporate earnings are exceeding expectations, a trend that looks likely to continue.

Chips and a Dip

07/19/2010
Recent market negativity—including Friday's sell-off—has some questioning the recovery. But what do chips have to say to the dip?

Reform to the Norm

07/16/2010
As expected, Congress passed Wall Street reform on Thursday. Given the resulting hodge-podge of studies and feckless changes, was the goal real reform or political gain?

On PIIGS and Needles

07/15/2010
Signs show PIIGS and the eurozone aren't doing as badly as feared.

Konnichiwa—and Sayonara?

07/13/2010
Japan's latest election results show yet another political power shift.

Negative Needles in Positive Haystacks

07/02/2010
The ongoing correction and negative first half year returns stoked pessimism in many. But is this indicative of what lies ahead?

The Consumer Lives!

06/29/2010
Despite market jitters, consumer spending remains steady.

Summertime Rebalance

06/25/2010
Early summer is index rebalancing season, which may briefly impact some shares for a short period.

“Crime” and Punishment

06/23/2010
The UK, France, and Germany announced their joint support of general bank levies to reduce financial risk Tuesday.

Yuan for You, Yuan for Me

06/22/2010
China announced over the weekend it will loosen the US dollar-yuan currency peg.

RIP FSA

06/21/2010
The Brits will likely merge their central financial services regulator, the FSA, with the Bank of England.

Unnecessary Stressing

06/18/2010
Debate over releasing EU bank stress test results is now resolved—perhaps the next test should be a recent history test for EU and US politicians.

Charge It, Please…Or Not

06/17/2010
On Tuesday, the Fed announced amendments to the Credit CARD Act of 2009—which included regulations on late payments and account inactivity penalty fees.

Make Trade, Not Taxes

06/16/2010
Western governments would do well to cast their eyes East—where freer trade and lower taxes may boost growth.

A Not So Sterling Warning

06/09/2010
The timing and tone of an unexpected Fitch warning on the UK's credit rating were a little strange.

Positive Profits

06/03/2010
Emerging Markets are in the lead, but there's promising news in developed nations too.

The Land of the Revolving Door

06/02/2010
The besieged Japanese prime minister resigns. However, it should have little effect on global stocks.

Of Politics and Markets

05/24/2010
Political uncertainty in the US and Europe contributed to a volatile week for stocks

Corrections and Other Common Anomalies

05/21/2010
Market recoveries, and economic recoveries, aren't smooth slopes higher—occasional bumps along the road should be expected.

The Girl from Ipanema or Santorini?

05/14/2010
Today's Brazil is an image of growth, but eight years ago it resembled Greece.

A Hearing a Day

05/12/2010
Congressional hearings give the air of "action” but accomplish little.

No PM and More Volatility

05/10/2010
Despite political uncertainty in Britain and widespread fears of a European debt contagion, economic news was overwhelmingly positive.

The Only Thing to Fear Is…Fear!

05/07/2010
A volatile day on Wall Street left investors scratching their heads

Rumors and Rhetoric

05/05/2010
Despite positive economic news, sovereign debt speculation sent global markets spiraling on Tuesday.

The Benefits of Union

04/28/2010
Sovereign debt uncertainty struck global markets again Tuesday.

FAT Chance

04/22/2010
The IMF proposed a bank tax to avoid future crises. Ill advised? Sure. Bull stopping? Fat chance.  

Brimstone for Breakfast

04/21/2010
Human behavior after an economic crisis is as immovable as it is predictable.

PIIGS Versus SKIMJOSTS

04/16/2010
In terms of global economic significance, PIIGS can't hold a candle to a new, slightly less cute acronym.

Monetary Measurements

04/14/2010
Taking the temperature of Chinese monetary policy, we find it's neither too hot nor too cold presently.

Swatting the Fly on the Wall

03/26/2010
An injunction preventing unauthorized early release of analyst recommendations has a little website (and some opponents) up in arms—but the ruling ultimately doesn't much matter for long-term investors.

If It’s Not One Thing…

03/25/2010
PIIGS problems seem to keep coming, but they likely won't be as bad as widely feared.

On the Watch

03/17/2010
The Fed held steady as an old accounting debate stirred early this week. 

A Tale of Two Swaps

03/11/2010
Greek cross currency and credit default swaps have been in the headlines lately.

Servicing Crickets

03/04/2010
Growth in US service industries is yet another sign we're in a broad-based recovery.

Headline Hog

02/26/2010
The threat of continuing Greek drama dominated headlines Thursday, but investors were left with more questions than answers at day's end.

The Chinese Invasion?

02/17/2010
Japan surpassed China as the largest foreign holder of US Treasuries in December.

A Big Fat Greek Deficit—Redux

02/05/2010
Markets dropped significantly Thursday as sovereign debt fears resurfaced in the EU.

Budget Blueprint Blues

02/03/2010
The White House released its budget blueprint for fiscal year 2011 Monday.

Running on Rumors

01/29/2010
Concerns over Greece's rising deficits escalated this week, but sentiment (not fundamentals) seems the culprit behind the volatility.

Cheerio Ol’ Chap

01/27/2010
The UK became the last developed country to bid cheerio to the recession on Tuesday.

Of Dogs and Decoupling

01/13/2010
No single factor explains broad market trends—ever.

Testing the Tiger

01/08/2010
With China's recovery gaining ground, gradual policy tightening is underway.

Trading in the New Year

01/04/2010
New trade tariffs aren't on the list of reasons to celebrate the New Year.

Predictably Unpredictable

12/31/2009
Long-term economic and stock market predictions are never entirely accurate—there are simply too many unforeseeable factors involved.

Toasts, Not Tears

12/30/2009
This year's holiday shopping season exemplifies the disconnect between expectations and reality.

Fisher Investments Looks Ahead

12/28/2009
With 2009 (and the ‘00s) winding down, investors can take what they've learned and look forward to the future.

The Ghost of Christmas Future

12/23/2009
The Senate will vote a present down the chimney this Christmas Eve—but it's only the next step in a lengthy process littered with political land mines.

Deflated Copenhagen

12/22/2009
The UN's Copenhagen summit fell short of its lofty goals—and that could be good for business going forward, especially in developing nations.

Big Fat Greek Deficit

12/18/2009
Greek debt concerns roiled markets again Thursday. Expect such disruptions to continue, but not to derail the bull market.

A Buck for the Barber

12/16/2009
For now, moderately higher inflation signals economic recovery—nothing more

A Grecian Knot

12/09/2009
Markets were fidgety following a Fitch downgrade of Greek government debt Tuesday.    

The Devil You Know

12/04/2009
Entirely new challenges lie ahead for the Fed Chairman—whose confirmation is all but assured. Is he up to the task?

Much Dubai About Nothing

11/30/2009
News of Dubai World's debt restructuring roiled global markets but doesn't reflect a new financial crisis.

Black Friday X’s and O’s

11/25/2009
Holiday retail sales won't make or break economic recovery. 

Unexpected Earnings

10/21/2009
Positive earnings surprises should continue for some time.

Not So New Normal

10/19/2009
The "new normal” economy is likely to be more normal than new.

Doubt in the Driver’s Seat

10/07/2009
Doubts drive every bull market.

This Is Thriller Time

07/13/2009
As the market pulls back a bit, some investors are reconsidering their approach. But brief pullbacks are normal—not reason to change a sound long-term strategy.

Reversing the Stimulus

06/29/2009
The Fed's "exit strategy” needn't be precise.

The Boring Bull

06/25/2009
Folks looking for explosive headlines often overlook the quiet bits of good news likely to drive markets higher.

Time’s Test

06/08/2009
An obscure benchmark for raw materials shipping costs adds its weight to other tentative signs of recovery.

Reserved Panda-monium

06/03/2009
Fears about China moving away from the US dollar eased as policymakers vocalized a simple truth: The greenback is China's only realistic option today.

Economic Archaeology

04/30/2009
Although Q1 2009 GDP fell more than expected, the numbers suggest strong improvement potential looking forward.

No News is Good News

04/27/2009
Details of bank stress tests were released today, and investors cheered the lack of news.

Soapy Antics

04/01/2009
The G-20 will meet in London this Thursday—hold on to your hats.

In AIGony

03/20/2009
March Madness kicked off Thursday, and the AIG controversy continued to kick up dust.

Fahrenheit 157

03/11/2009
Mark-to-market accounting rules continue to draw scrutiny, but don't expect a repeal anytime soon.

Employing Sound Judgment

03/09/2009
Employment data contributed to wild swings in stock prices today.

Beyond the Market’s Malediction

03/06/2009
A bevy of negative headlines sent stocks down big—but few were new news.   

Mountains of Money

01/28/2009
Global fiscal stimulus has been significant and is growing daily. Despite the dangers, that's a good thing for investors.

Banky Panky

01/20/2009
Problems for Financials will likely linger. But the government seems intent on avoiding a systemic collapse, and Financials' woes shouldn't prevent a recovery for the broader markets. 

Wild Whisper Numbers

01/16/2009
It's earnings season again, but for the foreseeable future, uncertainty reigns.

Patience With Punches

01/14/2009
We're too eager to give up on monetary and fiscal stimulus before it's had a chance to work.

All Hail…the Car Czar?

12/10/2008
After the Big Three's second trip to Washington, hats in hand, Congress is circulating a bailout plan.

With Jaundiced Eye

11/19/2008
We don't deny there's plenty of trouble in the world today. But remember, there's good news too.

Gotta Love a Cheap Buffet

10/20/2008
Things seem pretty bad right now—and there's plenty of trouble—but stocks have never been cheaper. Just ask the Oracle of Omaha.

The First Flake

09/08/2008
US markets were down Thursday and continued to fall unchecked Friday morning on "unsettling” employment news—yet the S&P 500 finished the day up. What gives?

Of Autos and Airlines

08/08/2008
Troubles in the US automotive and airline industries are driving some investors to fly off the handle.

Scrapping With Ben

06/11/2008
Many believe a rising fed funds rate would be bad for stocks. Such a notion is hogwash.

More Cookies for Us All

06/05/2008
Increasing productivity is one of the best ways to tame inflation.

Cap and Trade, or Shuck and Jive?

06/04/2008
Congress is set to vote on an economically treacherous cap-and-trade bill. As of now, it's all talk. Let's hope there's no action.

Cap and Trade, or Shuck and Jive?

06/04/2008
Congress is set to vote on an economically treacherous cap-and-trade bill. As of now, it's all talk. Let's hope there's no action.

High (or low) Finance

06/03/2008
Financial stocks have taken it on the chin lately, and whether they recover anytime soon is debatable. Regardless, the sector's fortunes don't necessarily dictate those of broader markets.

No Confidence in Consumer Confidence

05/28/2008
The Consumer Confidence Index is often believed to portend economic and stock market direction. Put simply, it doesn't.

Born to Underachieve

05/27/2008
Socialist sentiment in Europe doesn't bode well for long-term Continental prosperity.

Brainiacs Unite

05/15/2008
Prediction markets are making use of efficient markets theory to forecast everything from basketball games to political contests.

Getting Gassed

05/13/2008
High gas prices aren't likely to go away anytime soon. But gasoline consumption is too small a percentage of overall spending for prices to have the impact folks fear.

A Suckers’ Rally?

05/06/2008
It's impossible to predict short-term market fluctuations, but the current crop of ills is widely known and unlikely to lead to a more prolonged downturn.

M&M’s and M&A

04/29/2008
With lots of cash and credit in the system, larger firms are looking for bargains.

Pass the Corn

04/15/2008
Headlines are rife with suggestions to spur on the economy. Things have slowed down of late, but government remedies, like the decision to subsidize the production of ethanol, can cause more problems than they solve.

Positively Ignored

03/26/2008
Today's widespread focus on economic negatives and denial of positive global fundamentals is bullish for stocks.

Don't Call It a Bailout

03/25/2008
Recent Fed policies have been criticized as a government-sponsored bailout and possibly a sign of more intervention to come. We view such fears as misplaced.

Ironman Investors

03/19/2008
It's been over four months since the global stock market peaked. After a re-test of January's lows, investors are now both fearful and fatigued.

Oil on Canvas: Today’s Energy Landscape

03/06/2008
High oil prices translate to great investment opportunities.

Don’t Fear Change

02/07/2008
Those fearful of a candidate from either of the two major parties ascending to the White House next year can breathe a bit easier. Democrat or Republican, historically markets have performed fine.

January Ineffect

01/07/2008
The common belief a bumpy start to January portends market trouble is statistically and fundamentally baseless.

New Year, Old News

01/02/2008
As markets opened for the New Year, folks dwelled on old news.

Top Market Myths of 2007

12/28/2007
2007 felt like a tumultuous year, but stocks worldwide held their ground and so did the economy. A recounting of the year's top worries that never materialized.

MarketMinder’s Best of 2007

12/27/2007
A look back at the best 2007 MarketMinder daily commentaries.

Strength from Weakness

12/19/2007
Where many interpret recent central bank and sovereign wealth fund action as ominous, we see signs of incredible strength, versatility, and durability in today's global markets.

A BIG Year

12/05/2007
2007 looks like a banner year for big cap stocks. But just because big caps are leading today doesn't mean betting on them looking ahead is a sure thing.

Earnings Dilemma

11/28/2007
The first negative quarter for earnings growth in over five years has many investors running for the hills, but a close look at the data reveals bullish conclusions for stocks.

Dopey Dow Theory

11/27/2007
A time-tested concept says a new bear market's at hand—but there are good reasons to distrust the Dow Theory.

The Greatest Prosperity

11/21/2007
Free market economies are the alchemical conduits of progress and wealth for individuals and societies alike.

Freddie Fretting

11/20/2007
The trend of overblown fears tied to a credit crisis continued today with Freddie Mac's $2 billion loss announcement.

Mis-behavior-ing

11/16/2007
Breakthroughs in neuroscience are spawning powerful insights for approaches to economics and investing. But like any new tool, it can easily cause as much damage as good. Tread lightly.

All in Thain

11/15/2007
The continued trend of risk averse, wet blanket CEOs is an indication of today's dour market sentiment, not economic peril. Merrill Lynch's hiring of John Thain is the latest example.

So Goes Jay-Z

11/14/2007
No one's immune from weak dollar fears—but fears don't translate into fundamental trouble for markets or economies. Weak or strong, the dollar doesn't dictate stock market direction.

Writing-Off Write-Downs

11/13/2007
Maybe today ended the recent spate of negative market volatility, maybe not. Either way, investors will eventually wake up to the fact so-called "toxic” debt assets are worth far more than currently perceived.

A Capital Gainsay

11/12/2007
Many fear higher tax rates after the 2008 election. But no matter the outcome, the benefits of compounding interest are too great to attempt short-term market timing to avoid a potential, future tax hike.

Guilty by Association

11/02/2007
Individual stocks are highly correlated with their sectors, countries, and the market. Thus, investors must take a broader view than simply studying specific companies. Today's Capital Markets stocks are a great example.

Bumpy, Lumpy Bulls

11/01/2007
Stock market volatility is perfectly normal—up and down. Allowing market choppiness to predicate investment decisions is simply wrong.

Metaxic Imbalance

10/31/2007
It's been a great day for the US economy. Too bad few (including Fed officials) appreciate it.

Is Oil Finally Too High?

10/30/2007
Are oil prices finally high enough to stifle the economy? In a word, no.

The Exorcist

10/29/2007
Just in time for Halloween, Wall Street is once again exorcising the demons of credit crunches past.

Is Tech for Real?

10/26/2007
Tech stocks have been on a tear. Is the rally for real, or just a post-correction countertrend?

Flaming Kamikaze Squirrels! (And Other Anomalies)

10/19/2007
This week's market volatility is being compared to Black Monday 20 years ago. In reality, the dissimilarities are many and stocks remain a great value.

Leave it to The Mavericks

10/12/2007
The M&A and share buyback boom is set to resume on the strength of market fundamentals and the leadership of "maverick” business leaders willing to re-set the trend.

A Good Bad Quarter

10/03/2007
It felt like a summer of turmoil, but the third quarter of 2007 was much better for stocks than it seemed.

Laboring Through Summer, Part 2

08/31/2007
On the eve of Labor Day weekend, Part 2 of MarketMinder's look at the economics of labor.

Laboring Through Summer, Part 1

08/30/2007
As summer unofficially closes, it's a good time to remember the tenets of Capitalism and free market economics that helped make US labor one of the most versatile, productive, and wealthy workforces in the world.

Bad Conation

08/13/2007
When investors get jittery, they tend to believe one issue, and one issue only, moves stocks. That's a classic sign of a bull market correction and not a new bear.

Summer Reading

08/07/2007
With today's Fed's statement behind us and the market's nicely positive reaction, now's a good time to turn bibliophilic and get to that summer reading.

No Credit Messiah Necessary

08/06/2007
The market is expecting a savior, but this week's Fed meeting likely won't provide much in the way of a credit messiah. That's ok because markets didn't need saving in the first place.

Notes on an Energy Boom

08/02/2007
The global boom in energy prices, profits, and stock appreciation isn't done yet.

Is the LDP DOA?

07/30/2007
Japan's ruling Liberal Democratic Party suffered a stunning defeat in the upper house election on Sunday, giving up control in the chamber to the opposition Democratic Party of Japan. What does it mean for global stocks?

The MarketMinder Guide to MarketMinder

07/23/2007
Ever wondered what you're supposed to do with stories you're supposed to ignore?

Commercial Amnesia

07/18/2007
Investors are predominantly focused on residential housing statistics, but many fail to realize commercial real estate is almost as big…and it's booming.

Crowd Deification

07/13/2007
Markets are great! But let's not deify them.

Credit Crisis Conundrum

07/12/2007
Are we facing a coming credit crisis? Or is the real crisis a disappointing lack of working calculators in most major newsrooms?

Subsidy Soapbox

07/10/2007
Why congressional meddling in free markets should leave you feeling dirty.

Evolved Markets

06/26/2007
The science of evolution is changing the way economics and markets are understood.

The Bane of Conformity; The Boon of Truth

06/22/2007
Conformity is the norm of human existence.

The Virtues of Legal Restraint

06/19/2007
It's good to be hypercritical of the antics of activist judges who legislate from the bench.

Financials' Big Buzz

06/14/2007
The big buzz around Wall Street this week is the so-called lifting of capital restraints to US securities firms, which could lead to as much as $4.

Timing Tortillas

05/30/2007
Apparently, the latest trend in Washington is self-flagellation.

The Last Full Measure

05/25/2007
What strength of resolve is it that impels a people to raise a value—a mere abstract concept—above life? Who can fathom the force of character necessary for ultimate sacrifice in the name of freedom? Where can be found, deep in the gut, that ego-annihilating principle giving man the expedience and depth of heart to destroy the body in the name of ethereal liberty? What a rare and new thing is liberty in world history—the timeline of civilization is a tapestry of human enslavement.

The Boom Isn't Ending Today

05/22/2007
We continually tout the power and potency of the merger and acquisition boom as a primary driver of the global bull market in stocks.

Stating the Obvious

05/21/2007
Sometimes the most obvious stuff is the least recognized.

Cellulose Between the Ears

04/26/2007
As the alternative energy craze continues, we'd like to interject a little commonsense into the debate.

Smart, Smarter, Smartest

04/24/2007
Pretend you are an average CEO of an average S&P 500 company.

Foreign Investment Boondoggle

04/09/2007
So many protectionists out there these days.

Multiple Expansion

01/30/2007
Stocks have gone up in each of the last four years.

The Age of Conglomerates

01/23/2007
Conglomerates were bigger than the Beatles in the 1960s.

Where Money Flows Like Water

01/18/2007
Chinese M2 money supply growth accelerated to 16.

Privatizing Profits

01/13/2007
Finally, some euphoria.

Energy Depletion?

01/11/2007
The Energy sector has been one of the best stock performers over the last several years.

Housing Still Isn't Haunted

01/10/2007
2006 is over.

Back to Parity

01/03/2007
Global equities capped off another banner year in 2006, with the MSCI World Index returning 20% in dollar terms.

Gonna Fly Now

12/21/2006
Yo, Adrian! 2007 has all the makings of another sequel.

Manufactured Protectionism

12/13/2006
There's a good chance you think the entire world's manufacturing production has moved to developing economies like China and India.

Improvement is Still Good

12/05/2006
Treasury Secretary Paulson is on a mission to make US capital markets more competitive.

Not All Destruction is Created Equal

11/30/2006
We've written several times in this commentary on equity supply destruction and its ability to drive stock prices higher.

Free Trade Protectionists

11/29/2006
What kind of an economy was the United States 150 years ago? Primarily agrarian.

Even More Destruction

10/26/2006
Lately we've been lauding the virtues of destruction.

Three's a Charm

10/24/2006
P/E ratios are fickle things.

The Financials Revolution

10/21/2006
How can it be that an industry that creates no tangible products is worth about 25% of the value of all equities, and represents an even higher proportion of profits? It's a time of great innovation and development throughout the Financials sector.

Shocking Returns!

10/17/2006
Returns on Utilities stocks are truly electrifying this year.

Flip it to See Stocks' Value

10/14/2006
We think price-to-earnings ratios are pretty boring.

Mergermania!

09/20/2006
When companies buy each other they take equity supply off the market and pay a premium for those shares.

Subscribe

Get a weekly roundup of our market insights.Sign up for the MarketMinder email newsletter. Learn more.