Market Overview

Donald Trump wants to lower the corporate tax rate on foreign profits from 35% to 10%.Would another tax holiday create jobs? The New York Times says “Not Necessarily” President-elect...

A recent study by Franceso Cornelli and two associates indicates that there is a positive relationship, in the private equity industry, between managerial turnover and fund performance.Cornelli is...

Looking back over this year’s Investment U columns, I said plenty that readers disagreed with.About stocks, I suggested that “the most disrespected bull market in history” had...

We have a stock market bubble, excessive valuations, investors are complacent, everyone runs for the exits simultaneously, there are abundant catalysts out there in the world, the crash occurs over...

In terms of growth rates, the performance of the US economy in 2016 was mediocre. Growth is expected to have been 1.6%, below what most economists consider as potential (1.75%) and below the average...

Investors are familiar with a broad set of macroeconomic variables that often drive asset prices. Many are familiar with corporate balance sheets, price-earning ratios, free cash flow, Q-ratio, and...

EM gained some limited traction as last week ended. However, renewed concerns about China could limit this bounce as President Xi signaled the possibility that growth could fall below the...

I have something I can give you for the holidays as well. Not peace on Earth but perhaps peace of mind heading into the New Year – a way to help insure some future prosperity with a few...

The expiry of the December currency futures may have spurred more than normal speculative position adjusting. The out-sized 27.9k contract jump in the speculative gross long Swiss franc futures...

by Eli WrightMarkets were subdued and range-bound last week, as both trading volume and volatility fell. Italy’s efforts to come up with a viable bank bailout program, beginning with the...

Both the Atlanta Fed GDPNow and the FRBNY Nowcast updated their GDP assessments today. Let’s take a look.GDPNow Latest forecast: 2.5 percent — December 22, 2016 The GDPNow model forecast...

Do you know what the total returns are in various asset classes?Reader Michael pinged me with an interesting chart of Gold vs. the S&P 500 vs. 30-year treasury bonds. Let’s take a...

Remember over a year ago when they first raised hikes-they huffed and puffed warning everyone that they would raise rates several times in 2016 and viola nothing happened until now. Now they are...

The charts of 2016 2016 has been a surprising year in many respects. Brexit, the victory of Donald Trump, the shift in policy emphasis from monetary to fiscal, the OPEC agreement, the better reading...