4 Reasons to Cheer the January Jobs Report
January's report offer good news for the economy and should cheer financial markets, if they can look beyond their obsession with central bank liquidity support.
Central Banks Save the Markets Again — Searching for Alpha for February 2016
Have the markets become a drug addict, waiting for the next easy-money hit in order to function?
This Year's Asset Class Winners, Losers: Searching for Alpha for January 2016
What will be the fundamental drivers of asset class returns in higher-rate 2016?
Higher Rates May Cut Small-Business Borrowing Costs: Searching for Alpha for December 2015
Nonbank lenders, aka shadow banks, account for 26% of all loans to small businesses. Will higher rates get actual banks back in the lending business?
Don’t Fear the New Boss at the Minneapolis Fed
For one thing, former Treasury official Neel Kashkari isn’t a liquidationist, despite what Paul Krugman thinks.
Can Treasuries and Bunds Keep in Lockstep?
It is likely that the continued gradual healing of the U.S. economy will pull yields in one direction while the likelihood of expanded ECB balance sheet operations will pull in the other. The result is likely to be greater volatility.
Now Comes the Hard Part for Greece
Friday’s accord was necessary but far from sufficient. The larger challenges ahead to resolve the Greek crisis will be far more difficult to overcome.
Under the Hood: The US Fractional Reserve Banking System
The history of money, how it's valued and how leveraging bank deposits creates additional capital.
Currency Wars Have a Nuclear Option
There is a big difference between countries that use domestic tools for domestic purposes and those that target currencies to gain an unfair trade advantage.
Bob Doll’s 10 Predictions for 2015 on Markets, Economy
The Nuveen equities guru sees a good year for markets, though more volatility, with the highest GDP growth since 2005.