Yesterday, after some intense industry pressure, US regulators (OCC, FDIC, SEC, etc.) collectively announced that the bulk of the so-called TruPS CDO securities issued prior to May 19, 2010 will …
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Today I used Barchart to sort the S&P 400 Mid Cap Index to find the stocks that had the most frequent advances in the last month, then eliminated any stocks that were …
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Our models are constructed with both fundamental and technical data, and a bull signal is registered when both fundamentals and technicals are positive. A bear signal is registered when both …
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A sometime gold-coin buyer and a frequent reader of Bankers Anonymous sent me a message a few days ago, linking to the CNBC headline “1930s-style debt defaults likely, says IMF,†…
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Following October and November’s disturbing declines in Producer Prices, which many misread as an indication that the Fed will delay tapering for a few months, today’s PPI reversed the recent …
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The Fed’s “full-allotment overnight reverse repurchase agreement facility” (FRFA) – a mechanism to control short-term rates (see post) – is no longer just an academic exercise. Given how dysfunctional the …
Read More There are many ways to define the quality and merit of equity research. One meaÂsure stands tallest: perÂforÂmance of stock recÂomÂmenÂdaÂtions. And by that meaÂsure, New ConÂstructs’ research is of very high …
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Checks & Balances If you think about it the President has checks and balances, the Supreme Court has checks and balances, and even the two houses of Congress have checks …
Read More Governor Jerry Brown and his staff are exchanging high-fives over balancing California’s budget, but the people on whose backs it was balanced are not rejoicing. The state’s high-wire act has …
Read More Francine McKenna is a persistent critic of the audit profession. This post titled Canceled: Why I Won’t Be Speaking At Ethics And Compliance Officers Association Annual Conference, is a typical if …
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