May 2, 2017

Is High Mo Cheap?

Nice little 20 pager from Morgan Stanley.  This chart caught my eye in the current Arnott/Asness factor valuation and timing debates… Chart and download: —- —- Link to Download On the Markets Website https://www.morganstanley.com
April 30, 2017

LEI above zero, rising

Lots of interesting tidbits in here, but like chatting about ISM, here’s LEI into four quadrants…where are we now?  Above zero and rising… Chart and download: —- —- Link to Download RBC GAM Outlook Website global.rbcgam.com
April 27, 2017

Risks Remain, but There Are Reasons for Optimism

Y’all getting tired of me talking about foreign stock valuations?  Probably.  I’ll lighten up…but here’s one from William Blair on the emerging markets outlook. Chart and download: —- —- Link to Download EM Outlook Website https://www.williamblair.com/
April 25, 2017

Assets Of $120B, Equity of $5B…What Could Go Wrong?

This is just fun to look back on…easy to naysay them now, but Long Term Capital was the darling of the fund world until they blew up. At least worth downloading for the awful fashion photos… Quote and download: —- […]
April 19, 2017

A Streak of Tigers

Did you know a group of tigers is called a ‘streak’ or an ‘ambush’? Me neither. Novus does lots of great work on hedge funds, and here are a few pieces on the Tiger Cubs. Chart and download: —- —- Link […]
April 17, 2017

Greenblatt at Googleplex

A fun video with Joel Greenblatt…..no downloads just link: Greenblatt at Google
April 14, 2017

The Bond Tolls

Some thoughts from the GMO crew, none of which will be too surprising…but sobering thoughts to consider… Charts and download: —- —- Link to Download For Whom the Bond Tolls Website https://www.gmo.com/
April 12, 2017

Net Performance Matters

Yearly Yale endowment update is out…some fun thought pieces in the back so read the whole way through… Chart and download: —- —- Link to Download Endowment Update 2016 Website http://investments.yale.edu/
April 7, 2017

Beauty Charts

Some really cool charts from Norbert at Star on CAPE ratio and lots of other interesting visualizations… —- —- Link to Download Slideshow Cool CAPE charts Germany Fundamentals Value and Growth Website http://www.starcapital.de/
April 3, 2017

Global Valuations

Quarterly CAPE Ratio Updates! After a great year of performance in 2016, many cheap countries are continuing to outperform. Right to the stats! Median CAPE Ratio: 16.5 25% most expensive: 25 (U.S. in this bucket) 25% cheapest 11 Average of […]
March 31, 2017

Complexity Rules

Lots of great charts in here from KKR on macro outlook…a couple European charts then the download… —- —- Link to Download Complexity Rules Website http://www.kkr.com
March 27, 2017

Smoking Crack

Let’s just go straight to the quote and then download shall we? —- “If bond markets are smoking weed, then the stock market appears to be hooked on crack.” —- Link to Download Six Impossible Things Before Breakfast Website https://www.gmo.com
March 26, 2017

The Incredible Shrinkage

I auto-email anything by Mauboussin. Chart then download: —- —- Link to Download The Incredible Shrinking Universe of Stocks The Causes and Consequences of Fewer U.S. Equities Website http://www.credit-suisse.com
March 23, 2017

So Popular

61 page history piece from Bridgewater… Chart then download: —- —- Link to Download Populism: The Phenomenon Website https://www.bridgewater.com/
March 21, 2017

CEE

Y’all know I like Eastern and Central European stocks.  A friend sent in this PPT from a firm I’ve not hear of, but some nice graphics… Chart then downloads: —- —- Link to Download WHY CENTRAL EASTERN EUROPE(CEE)? THE RATIONALE […]