Financial

Taking a Gain on Markel By Paul Price of Market Shadows Market Shadows booked a solid gain on our position in insurance company Markel (MKL). We sold our seven shares for …

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Modern Art Goes Bananas As the Money Supply Inflates   We don’t want to discuss the artistic merits of modern art, except to say that we are not averse to …

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About a year ago we discussed the argument made by Goldman’s lawyers that under the Volcker rule, banks should be allowed to invest in credit funds (see post). The rationale …

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The best scoring small caps from one year ago (12/20/2012) have outperformed the R2K by 1,731 bps over the past year, with no turnover.  Returns have been led by MEI …

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The headline Consumer Price Index for November was 0%, which was below the consensus guess of economists of 0.1%. Since the onset of QE3 and 4 in November 2012, CPI …

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There is a rising belief that when the Federal Reserve begins to taper that interest rates are set to rise. It is believed that, as rates rise due to stronger …

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The best scoring mid caps from one year ago (12/19/2012) averaged 526 bps of excess over the S&P 400, with 0% turnover.  The top performers included ACXM up 101%, CNO …

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Matthew Boesler of Business Insider compiled a list of the most important charts of the year. The chart offerings are from portfolio managers, strategists, analysts and economists.  Click here to study the 123 most important charts of …

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When it comes to treasuries, there is no shortage of bearish news. The budget deal is done, the third quarter GDP was better than expected (inventory build issue aside), and the …

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The highest scoring names in large cap from 1 year ago (12/18/2012) returned 731 bps more than the S&P 500.  The top performers are DAL up 147%, PXD up 67%, …

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