Monthly Archives: December 2011

Dec18

As it has been noted many times, the employment participation rate has dropped to abnormally low levels.  Earlier this year we discovered nearly 1 in 20 working age Americans is now on disability, a doubling since 1990.  Over the past…

Dec16

With two weeks to go, Bespoke Invest has a table with global returns by country.  It's been a year where returning zero meant you are a hero.  In relative terms the U.S. outperformed.  But we're no Venezuela.   On the…

Dec16

Interesting piece via Reuters but frankly there is so much institutional, pension, endowment cash – and so few avenues for it to be applied, I don't see any large scale hedge fund defections even with the fee structure.  But with…

Dec16

In the first hour or so of trading, internet video game maker Zynga (ZNGA) has not done much.  It's IPO price is $10 and as I type this, that's exactly where it trades.  Those who were quick to dump their…

Dec16

If you intend to give some of those Treasury Bonds as a stocking stuffer, this is the last year you will be able to do it.   For future generations, I suppose you will just hand a USB drive over…