Blog

Ready for Action? February 24, 2020

By Steven Vannelli, CFA in Economy, Markets, News

Former Fed Governor and now professor at the University of Rochester, Narayana Kocherlakota penned the following short opinion piece in Bloomberg this morning: Fed Shouldn’t Wait to Cut Interest Rates: Narayana Kocherlakota By Narayana Kocherlakota The world economy is facing a material risk in the…

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Where Innovation Hides – The Intangible Investor Podcast, Ep. 9 February 24, 2020

By Knowledge Leaders Team in Podcasts

Bryce joins Doug Heikkinen to talk about our mission at Knowledge Leaders Capital, and specifically how a 1974 accounting law enacted at the dawn of the information revolution is still at work today distorting corporate innovation investments, why that makes it difficult for investors to…

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What’s Behind the Breakout in Gold? February 20, 2020

By Bryce Coward, CFA in Economy, Markets

This week’s breakout in gold is an epic expression of our times in which potential economic problems are quickly followed by massive actual and expected responses by central banks and governments. The problem de jour (for both markets and the public) is of course the…

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A JOLT to Job Openings & Asset Expectations February 11, 2020

By Steven Vannelli, CFA in Economy

This morning the monthly job openings and labor turnover (JOLTS) report was released, and it came in significantly shy of expectations. While Bloomberg’s consensus estimate was for 6.925 million job openings, the actual number came in at 6.423. It is important to keep in mind…

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A Recovery, But of the Square Root Variety February 06, 2020

By Bryce Coward, CFA in Economy

Regular readers of this blog and of our other commentary know that we have been been looking for some kind of cyclical rebound in economic activity starting in the first quarter of 2020. By many indications, we are getting just that, and right on time….

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Coronavirus – The Intangible Investor Podcast, Ep. 8 February 04, 2020

By Knowledge Leaders Team in Podcasts

How will the coronavirus and quarantine impact China’s economy? Steve looks at what’s happened so far in China’s currency and fixed income markets. Bryce shares new data that casts doubt on comparisons to SARS, indicating coronavirus could be a much bigger deal. On The Intangible…

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Why Coronavirus is Scary for Financial Markets January 31, 2020

By Bryce Coward, CFA in Economy, Markets

As we write, US stocks are down about 1.6% on the day, foreign developed market stocks are down 1.8%, and emerging market stocks are down about 2.4%. This type of corrective action did not really come as a surprise to us. Indeed just two weeks…

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