by Michael Drury, Chief Economist, McVean Trading & Investments, LLC Taylor Somerville, CFA, Senior Economist, McVean Trading & Investments, LLC Vadim Sinitsyn, Associate Economist, McVean Trading & Investments, LLC Historically, economists have found that when a country’s per capita GDP exceeds $3,000 good things happen. Wealthier households begin to invest in durable goods, like automobiles [...]
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Paul McCulley says working at bond giant PIMCO was like being in Camelot. [...]
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“The Committee judges that inflation at the rate of 2 percent, as measured by the annual change in the price index for personal consumption expenditures[...]
Read more Downloadby David R. Kotok, Chairman and Chief Investment Officer, Cumberland Advisors December 26, 2011 We wish our clients, referring consultants, professional colleagues, friends, and all of our readers a happy holiday season and a healthy new year. We also encourage them to ask very hard questions as they work to keep their money and investments [...]
Read more Downloadby Jason Voss, CFA
As a former portfolio manager, I know that practitioners often pay too much attention to micro-level issues of individual securities and not enough attention to the broader macro-level context [...]
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