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Podcast links: harsh economic truths

Abnormal Returns

bloomberg.com) Economy Derek Thompson talks 'harsh economic truths' with Chicago Fed President Austan Goolsbee. podcasts.apple.com) Cameron Passmore and Benjamin Felix talks about the dynamics of the financial market with Prof. theringer.com) Julia LaRoche talks with Tyler Cowen about how AI will change society and the economy.

Economics 261
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1st Quarter 2024 Economic And Market Outlook: Potential Increased Volatility, Threats To Economic Growth, And Equity Markets

Nerd's Eye View

Yet, by taking a measured look at factors driving economic activity and influencing behavior, advisors can help clients face risks they can't control and (hopefully) position themselves to take advantage of opportunities as they develop. Meanwhile, a smorgasbord of potential risks threatens economic growth's "soft landing" narrative.

Economics 244
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Research links: the AI threat

Abnormal Returns

mrzepczynski.blogspot.com) Using AI to better explain past financial market returns. nber.org) How to extract economic data from the Wall Street Journal. alphaarchitect.com) Some academic research that has informed our understanding of market returns. (etf.com) Index replication need not be entirely mechanistic.

Economics 267
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Nobody Knows Anything, Dot Plot Edition

The Big Picture

When it comes to forecasting economic outcomes, the Fed is no better or worse than anybody else. They may be terrible economic forecasters but give them credit for not burying bad predictions like so many on Wall Street tend to do. Go to the Fed’s website, and search for “ Summary of Economic Projections.”

Economics 325
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Friday links: putting your phone down

Abnormal Returns

bnnbloomberg.ca) The financial markets are noisy. bonddad.blogspot.com) Economic surprises are likely done going down YTD. Strategy Is the small cap premium dead? awealthofcommonsense.com) Home bias illustrated: the case of Canadian investors. You need a path through. sherwood.news) Walgreens ($WBA) is closing hundreds of U.S.

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Thursday links: most narratives

Abnormal Returns

Markets Today's constructive CPI report rang a bell for financial markets. finance.yahoo.com) The market for leveraged loans is open for business, especially refinancings. bonddad.blogspot.com) We really don't have an analogy for the current economic environment. axios.com) Core CPI ex-shelter is now under 2%.

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U.S. Markets Are Swallowing the Rest of the World

A Wealth of Common Sense

The United States is the envy of the world in terms of financial markets and economic performance. Ruchir Sharma at The Financial Times outlines how this is impacting capital flows: Global investors are committing more capital to a single country than ever before in modern history.

Marketing 145