The Money Runner
U.S. Debt Crisis – Is it time to use the nuclear option?
By David Nelson, CFA They say the market climbs a wall of worry. I’ve been hearing that my whole career and for the most part, it’s true. In fact, it’s so true that when there’s nothing to worry about, it’s probably a good time to sell. Part of the job in running money is to […]
Hottest in 37 Years!
By David Nelson, CFA CMT Most investors have never seen economic data this hot. Wednesday’s ISM Manufacturing coming in at 64.7 is the highest in 37 years. GDP Consensus for 2021 is close to 6% with some economists as high as 8%. Add the fact that Friday’s non-farm payrolls coming in at 916K was well […]
GDP hits 3.3% while Senate debates Tax Reform – i24 News
They said it couldn’t be done but right now U.S. economy is trending above 3%. Senate takes a step closer to a vote on Tax Reform.
The 2014 Santa Claus Rally – CNBC
http://youtu.be/eef2pTKehEE David sat down with CNBC hosts Kelly Evans and Bill Griffeth along with NYSE veteran Peter Costa to talk about this year’s Santa Claus Rally.
Oil – The Black Swan – Part 1
By David Nelson, CFA No market event creates more fear in the hearts and minds of investors than that of the Black Swan. Wikipedia explains the Black Swan theory developed by Nassim Nicholas Taleb as follows: The disproportionate role of high-profile, hard-to-predict, and rare events… The non-computability of the probability of the consequential rare events using […]
Wall Street vs Main Street – Al Jazeera America
http://youtu.be/TBp-33L9M1U David talks to Al Jazeera host Stephanie Sy about the disconnect between the Stock Market and Main Street America
Don’t Jump – GDP Shocker
By David Nelson For the last several days leading into Tuesday’s final GDP reading economists were rapidly cutting their estimates in anticipation of a downward revision. Well it looks like they weren’t even close. Gross Domestic Product (GDP) for the first quarter was revised down to -2.9%. We came into the year looking for 3% […]
