A couple of minor technical problems called “business” and “life” have now intruded on my increasingly bogged down publication schedule that, in the interest...
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Posts Tagged ‘ Gangbusters ’
Weak Employment Growth Should Not Have Surprised
The market was disappointed with Friday’s employment data. But actual total employment, as opposed to the widely reported seasonally adjusted numbers, was nowhere near the catastrophe that the market’s reaction made it seem. The problem was that economists’ expectations were misguided, partly as a result of their focus on seasonally adjusted fictitious data which...
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US News – Law School Debt Table
It looks like the average indebted law student has about $100,000 in debt these days. And about 85% of students have debt.
This is average, of course. Back in 2000, my roomate ended up with $185,000 or so with all of his loans.
US News
This actual...
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Actionable Flows: Deer in Headlights
You may have to squint a little to view this chart, but it shows equity mutual fund flows. It is evident that fund holders liquidated in mass at the market bottoms. Like almost all great rallies this one came on like gangbusters and the easy gains were made early before the public got onboard....
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