Consider the Alternatives (Part 2)

By |2016-11-17T15:42:27+00:00September 1st, 2016|Categories: Global Market Update|Tags: , , , |

What are the different types of alternative investments? Muskovy Duck. Photo: Matt Lemmon. Source: Animal Photos Alternative investments can be split into two types of assets: different ways to manage, and different types of assets. I’ve written before how all wealth really depends on the economy. A huge pile of gold or a robotic factory that churns out flying cars are both worthless if they’re stranded on Mars. Alternatives are just different ways to tie in to [...]

Are Emerging Markets a Substitute for Commodities?

By |2016-11-17T15:54:23+00:00March 31st, 2016|Categories: Contested Spaces|Tags: , , |

While emerging markets may move in sympathy with commodity prices, there is far more than just commodity exposure at play. This article first appeared in the Spring 2016 issue of Understanding Investments. There is a body of thought that considers investment in emerging market equities a manner of commodity exposure. For investors who are worried about their US equity concentration, commodities, by way of futures contracts, have been put forward as a way to diversify the equity [...]

The Data Century

By |2016-11-17T15:54:28+00:00March 31st, 2016|Categories: Global Market Update|Tags: , , |

The 20th century introduced the “Atomic Age.” With the 21st be the “Data Century?” Source: Wikipedia The 20th century arguably began, conceptually, when Albert Einstein published his seminal paperon special relativity. The intellectual upheaval this initiated ultimately led to the expression E = mc2, nuclear energy, and the atomic bomb. Atomic weapons and nuclear power revolutionized war, diplomacy, geopolitics, and—to a lesser extent—electricity generation. Although a nuclear reaction is still a pretty inefficient way to boil water. [...]

Super Bowl Silliness

By |2016-11-17T15:59:57+00:00February 9th, 2016|Categories: Global Market Update|Tags: , , |

The Broncos won. Is it going to be a bear market? Photo: Stephen Luke. Source: Wikipedia Every year around this time someone trots out the “Super Bowl Indicator” to discuss whether the stock market is going up or down this year. A seemingly strong correlation appears to exist between who wins the Big Game and how the market performs in the ensuing year. According to this theory, a win by the AFC heralds doom and gloom, while [...]

Super Fruit Bowl

By |2012-02-09T16:17:11+00:00February 6th, 2012|Categories: Global Market Update|Tags: , , |

The Giants won. Is it safe to go back into the stock market? Every year around this time market mavens trot out the “Super Bowl Indicator” to discuss whether the stock market is going up or down this year. A seemingly strong correlation appears to exist between who wins the Big Game and how the market performs in the ensuing year. According to this theory a win by the AFC heralds doom and gloom, while an NFC [...]