CIO INSIGHTS

282 RESULTS

• PLUNGING 07-24-2015

  Commodity prices are in free fall. The Bloomberg Commodity Price Index (5-year chart below) is off about 30% in the last year. Gold is dropping toward ...

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• WILD, WILD EAST 07-13-2015

  The central planners in Beijing have gotten so much right for the past three decades, that they might be forgiven for believing in their own ...

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• ??? 07-06-2015

  I'm not sure why the pundits were predicting the Greeks would volunteer to walk meekly to their certain ruin, but the vote yesterday apparently ...

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• 2ND QUARTER 2015 - CLOSE HAUL 07-01-2015

  Sailing has been an inextricable companion of human development and civilization. Artifacts over 7,000 years old contain pictures of sail boats, more ...

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• PUERTO POBRE 06-30-2015

  An honest politician may be oxymoronic (or is just moronic?), or maybe it's the black swan that surprises us when seen. Either way, Alejandro Garcia ...

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• DRAMA/DRACHMA 06-29-2015

  Here we go again, as Ronald Reagan used to say. Asian equities off 2-3%, Europe down 3-4%, Treasuries rallying, gold up. What's going on?The latest ...

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• MORE ON RATES... 06-26-2015

  A few days ago (Beginning's End) I suggested 2015 might turn out to be the worst year for bond investors in the past three decades. Here are some ...

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• BEGINNING'S END 06-23-2015

  In November 1942, with the Battle for Egypt under way, Winston Churchill addressed his nation with these words:Now this is not the end. It is not even ...

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• PARTY LIKE IT'S 1999? 06-12-2015

  Some observers point to the eye-popping valuations for companies with little revenue (WhatsApp, e.g., bought by Facebook for $19 billion) as ...

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• ANGELES WEALTH COMMENTARY 06-11-2015

  A Secular Bull Market is generally defined as a long-term bullish trend consisting of larger bull markets and smaller bear markets or corrections. In ...

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• JUNE GLOOM WILL FADE 06-08-2015

  1024"June gloom" is what you get when a warming land mass meets a cooler ocean: a layer of marine fog that the sun burns off into afternoon haze. It ...

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• YASOU! 05-29-2015

  Let me stipulate up-front: I love Greece. Everything about it: the food, the weather, the history, the music, the people. Everything.But I wouldn't ...

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• LONG TERM 05-26-2015

  In much of life, certainty dissipates with time. Weather forecasts are pretty accurate over the next 24 hours, a little better than a coin flip over ...

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• DON'T BLAME NATURE 05-22-2015

  Commodity prices rise and fall; no great insight there. Which is why most of us, mostly, take the fluctuations in stride. We (I) may get a little ...

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• DISTORTION OR REFLATION? 05-21-2015

  A month ago, Germany could borrow for 10 years at a rate of 0.06%. Lenders were also happy that day to earn 0.47% for the next 30 years. That's $4,700 ...

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• TRADE 05-07-2015

  The trade deficit ballooned in March to over $51 billion, $8.6 billion more than a year ago. Exports were up a little, but imports surged, up more ...

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• FELIZ CINCO DE MAYO! 05-05-2015

  There will always be a debate about the relevance of history to current conditions. I am firmly in the pro-history camp, but am quick to acknowledge ...

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• SKYSCRAPING 05-04-2015

  In 2009, there were 19 buildings in the world with heights above 1,000 feet (305 meters for the non-American readers). Today there are 79 such ...

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• WAGES 05-01-2015

  They're going up. Total salaries and benefits moved up 4.4% in 2014, rising to 53.6% of GDP, still below historic averages, but a decided bounce off ...

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• SEVEN LEAN YEARS? DONE IN SEVEN MINUTES 04-30-2015

  In Genesis (41:27), Joseph interprets Pharaoh's dream of 7 fat cows followed by 7 lean (and apparently, ugly) cows, as foretelling the coming feast ...

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• VALUATION 04-21-2015

  Most observers would agree that equities are rich (expensive, overpriced, etc.). Corporate profits are at record highs, and the forward ...

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• SINE AQUA 04-14-2015

  The Ancient Mariner violated Nature by killing an albatross for sport, thus condemning his boat and crew to the purgatory of the open sea where, one ...

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• CALIFORNIA DREAMIN' 04-02-2015

  Well, maybe not dreaming, but some thoughts.Below, my graph shows the unemployment rates for California and the US since 1976. California was ...

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• NEW OWNERS 04-01-2015

  A few years, I was at a conference, standing in a buffet line. I must have become fixated on extracting the blueberries from the fruit platter (I ...

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