The Money Runner
Canaries in the Coal Mine
By David Nelson, CFA “The canary in the coal mine is always the first to go.” For more than a century miners carried them in small cages deep into the mine as an early warning detection system for poisonous gas or carbon dioxide. The first sign of distress in the cage sent the men back […]
The Glass is Half ?
By David Nelson, CFA Alpha Select – October 2014 Update *Alpha Select – September +0.18% YTD +11.17% **S&P 500 – September +2.32% YTD +10.71% * Net of Fees ** Includes Dividends October tends to be a nervous period for investors. Anyone who’s been in the business long enough still remembers Black Monday in 1987 when […]
Is the Small Cap Trade for Real? – CNBC
http://youtu.be/x_fAbPtJog8 Everyone is piling into the Small Cap vs Large Cap spread trade because of the huge underperformance this year. A look at a long term chart tells a different story.
S&P 500 – The Only Game In Town
By David Nelson, CFA Yesterday’s selloff really started the night before with comments from China’s Finance minister saying that despite weakening economic indicators there would be no policy changes. In other words China was willing to live with less growth. At least for yesterday investors here weren’t willing and we saw selling across the board […]
Don’t Shoot the Messenger! – Fed Chair Yellen
By David Nelson, CFA A cloud of controversy seems to have swept up the media regarding Fed Chair Yellen’s Congressional testimony where she signaled out two sectors or asset classes that she believes are showing some signs of froth. “How dare her”; voices from the crowd yelled. The morning after echoed those of a lynch […]
