Wall Street Rant

It amazes me how easily a talking point can take hold despite little to no data to support the claim. At first the pitch regarding the vaccine was a straightforward one. Get the vaccine because i...

http://www.wallstreetrant.com/2021/09/no-covid-breakthrough-cases-are-not.html

So today the U.S. Bureau of Labor Statistics released their monthly headline unemployment rate and it came down from their reported 13.3% in May to 11.1% in June. This is a continuation of the BS...

http://www.wallstreetrant.com/2020/07/continued-bs-from-bureau-of-labor.html

On Friday U.S. Bureau of Labor Statistics released their monthly headline unemployment rate based on their household survey and it came in at 13.3% down from 14.8% in April. The release was follo...

http://www.wallstreetrant.com/2020/06/calling-bs-on-unemployment-rate.html

As many of you may know, Washington State has been ground zero for the COVID-19 coronavirus outbreak in the US. As of this writing 16 of the 17 deaths in the US are from Washington State (and 15...

http://www.wallstreetrant.com/2020/03/why-is-cdc-suppressing-coronavirus.html

Trump loves to pretend job growth has been unprecedented under his watch. However, pesky facts tell another story. I looked at job growth for every monthly rolling 3-year period starting when Ob...

http://www.wallstreetrant.com/2020/02/obama-dominated-trump-in-job-growth.html

Very little time goes by these days without Trump bragging about the official unemployment numbers......... This despite the fact he went around his whole campaign attacking tho...

http://www.wallstreetrant.com/2019/04/trump-on-unemployment-then-vs-now-dont.html

An anonymous blogger from the 'financial industry' writing about the economy, markets, politics, corrupt organizations, or whatever else seems worth discussing.

http://www.wallstreetrant.com/2018/02/trump-predicted-his-own-investigation.html

An anonymous blogger from the 'financial industry' writing about the economy, markets, politics, corrupt organizations, or whatever else seems worth discussing.

http://www.wallstreetrant.com/2017/12/but-trump-it-is-collusion-and-lieslots.html

Is Bitcoin in a bubble? Here are some things to consider....provided without comment.....

http://www.wallstreetrant.com/2017/11/some-serious-thoughts-on-bitcoin.html

Here are some charts I put together using global Morningstar data on all worldwide open-end funds, ETFs and Money Markets.  To better illustrate the change in values I have segmented the p...

http://www.wallstreetrant.com/2017/04/how-global-investor-allocations-have.html

We all have heard about the ongoing industry shift from Active to Passive Funds as illustrated below via Morningstar However, despite Active funds as a whole being in net redemptions...there a...

http://www.wallstreetrant.com/2017/02/where-active-fund-investors-were.html

While I believe the purpose of these types of headlines and tweets are to illicit positive emotions, readers would be well advised to look up the DISASTROUS history of extended periods of...

http://www.wallstreetrant.com/2016/12/why-do-unified-republican-governments.html

So I was recently browsing a report by FactSet which aggregates analyst price target data for stocks. So for fun, I went back to last year's report to see what was said and how things turned out...

http://www.wallstreetrant.com/2016/01/analyst-price-targets-gone-wrong.html

More and more Financial Advisors have moved from a commission based compensation arrangement to a Fee-Based arrangement based on a percentage of Assets Under Management (AUM). For example, in a v...

http://www.wallstreetrant.com/2015/10/conflicts-of-interest-look-at-advisors.html

Considering the Unconstrained Bond Fund area or the "Non-Traditional" Bond fund area is a pretty recent development, many of the funds did not exist in 2008. I thought it would be interesting to ...

http://www.wallstreetrant.com/2015/08/unconstrained-bond-funds-stress-tested.html

IBM has an interesting personality insights service . According to IBM "The Watson Personality Insights service uses linguistic analytics to extract a spectrum of cognitive and social characteri...

http://www.wallstreetrant.com/2015/04/financial-blogger-personalities.html

Recently Jeffrey Gundlach from Doubleline had a conference call and soon the below chart was being passed around Twitter (even I passed it around, before stopping to think about it for a second...

http://www.wallstreetrant.com/2015/01/doubleline-data-fail-stock-market-has.html

You can't go long without reading an article about the death of active management. Somewhere in a discussion like that you will also hear that the larger a fund gets the more likely it is to unde...

http://www.wallstreetrant.com/2014/08/how-largest-actively-managed-mutual.html

So news was recently going around about a Financial Literacy Test made by the OECD . The Wall Street Journal provided 5 sample questions  from the test and I must say that the OECD fails it's ow...

http://www.wallstreetrant.com/2014/07/test-makers-fail-financial-literacy-test.html

I can't listen to a talking head, bond manager, strategist or seemingly anyone without hearing about how "Rates can only go higher from here". When in reality THEY CAN go lower! In fact, when you...

http://www.wallstreetrant.com/2014/05/many-government-bonds-yielding-less.html

I read a lot of stuff online so I should be used to sloppy-stupid nonsensical things written online. However, this one titled "Why ETFs Are Better than Mutual Funds, in Two Charts"  hits it on e...

http://www.wallstreetrant.com/2014/04/a-look-at-sloppy-nonsensical-mutual.html

Here in an interestingly look at the Barclay's US Aggregate Bond Index from Lord Abbett   The below Chart shows how the duration of the Index has changed over the last ten years. As you c...

http://www.wallstreetrant.com/2013/10/are-index-investors-unknowingly.html

Here is an interesting look from J.P Morgan regarding the Price-to-Book ratio on Emerging Markets. They then look at how those various Price-to-Book ratios relate to forward 1-year returns...

http://www.wallstreetrant.com/2013/08/emerging-markets-price-to-book-ratio.html

The Wall Street Journal recently published a piece Ranking Fed Forecasters  (you can read their methodology following that link). Let's see if you notice anything "convenient" about the sample p...

http://www.wallstreetrant.com/2013/07/foolish-fed-forecaster-rankings.html

As the US Stock market continues to sing it's own tone, I thought this look at valuations of US Stocks vs Emerging Market stocks was interesting. This is from a conference call presentation from...

http://www.wallstreetrant.com/2013/07/valuations-of-emerging-markets-vs-us.html