A rare event indeed.  The guys at Bespoke Investment Group note that the S&P 500 is 20% above its 200 day moving average for the first time since May 1983.  Please note the rapid rebound fro...

At one time oceanographers, contrary to ample anecdotal evidence, did not believe that rogue waves existed.  Rogue waves are now known to be “..relatively large and spontaneous ocean surface ...

Just a year ago the Dow plunged 777 points in one day.  Who would have thought that a year later the risk culture would be back? The past week or so has seen any number of items demonstrating that...

September was supposed to be a train wreck for stock market.  The market had already risen six straight months and the historical tendencies all pointed to weakness.  What happened?  The Russ...

What does it mean to invest for the long run in a post-crisis world? For many years leading up to the economic crisis investors have been told that equities were the asset of choice to provide for a ...

The following comment by Joe Weisenthal via Twitter got us thinking about just who is the “smart money” these days. With the junk bonds rallying, you don’t hear as much about how &#...

It has been nearly a year (December 11th, 2008 to be precise) since Bernie Madoff was arrested for “orchestrating a Ponzi scheme.”  At the time it was another piece of horrible news tha...