Annie Edson Taylor famously sat in a barrel and plunged over the Niagara Falls in 1901. But that’s nothing compared to what Charles Blondin did in the area 42 years earlier… In 1859, the French acrobat walked 1,100 feet across the Niagara Gorge. He did it on a tightrope that was roughly 3 inches wide …
The Federal Reserve first hinted at plans to slow its bond-buying program a year ago. But I’m sure whispers were circulating long before that… After all, by last April, it had become clear that the COVID-19 pandemic was more than just a health crisis. It was hurting our wallets and pocketbooks, too… You see, the …
When something happens in life, plenty of folks ask, “Why?”… That’s a good trait. It’s important to question things in many cases… You can learn a lot more about a topic with that one simple question. You can clarify directions and eliminate confusion. You can kick-start creativity and get ideas flowing. But when it comes …
Folks, the stock market has gyrated up and down over the past seven months… The S&P 500 Index climbed as high as 4,800 at the start of this year. Then, it plunged to less than 4,200 by early March. And in the end, it’s at roughly the same place today as it was in early …
We covered the idea of “monetary velocity” yesterday… That’s the speed at which money circulates through the economy. It’s a crucial part of the well-recognized link between the money supply and inflation. But as we discussed, the eggheads have it wrong… You see, they thought monetary velocity was relatively stable. But in reality, it has …
We learned last week that inflation remains out of control… The U.S. Bureau of Labor Statistics announced that the Consumer Price Index was 8.5% higher in March than a year earlier. That’s the highest year-over-year reading since 1981. Of course, government experts might point out that it’s not so bad for folks who are willing …
In the 1980s, I joined Drexel Burnham Lambert… The investment bank was famous for its “junk bond” department. But it also had a quantitative analysis department. That’s where I met George… George was a “quant” with something truly special at the time – a quantitative database. Now, regular Chaikin PowerFeed readers know I learned about …
If you have a Facebook account, you’ve likely seen the posts with algebraic equations… The picture is nothing more than an equation like this one… 6 ÷ 2(1+2) = ? And at the bottom, the post asks users to share their answers in the comments. Now, I learned in math class that there’s usually only …
Editor’s note: The markets and our Chaikin Analytics offices will be closed tomorrow, April 15, to commemorate Good Friday. Because of that, we won’t publish the Chaikin PowerFeed e-letter. Look for your next issue on Monday, April 18. Investment stories are fantastic… And a great storyteller can almost always come up with one. Researchers consistently …
I recently sat down with quantitative fund manager Meb Faber for an interview… If you’re not familiar with Meb, he runs The Meb Faber Show podcast. And he’s closing in on 100,000 Twitter followers. (If you’re a Twitter user, you can find him right here.) Meb’s “day job” is managing 12 publicly traded exchange-traded funds …
