"I am getting to a point. In a world where there is more and more passive investing, index investing, who is going to set the prices of the individual stocks? Just the natural flows from monthly buying and selling (redemptions and additions), or will money managers and individuals set the bulk of the prices?" … Continue reading ETFing
"Will the Fed raise rates? Not sure! I am very sure that as investors we have absolutely no control over what the Fed does now, next week, next month, next year or ever actually. Not a single iota of control. So best we stop worrying about the next move and what to do around … Continue reading Jobs jibber jabber
"As such, this is a case of Mr. Market taking the view that the Fed is going to raise rates sooner, rather than later. This spooked equity markets, sell first and ask questions later and rush to the safe haven of bonds. The broader market S&P 500 sold off heavily, down 1.5 percent (and a … Continue reading Mixed messages scream at Yellen and co.
"In ordinary trade, i.e. in the spot market that is open from 08:30 to 16:00 in New York, the Google stock price (ticker GOOGL) rose three percent to crest 600. After hours the market saw something they liked a lot, I suppose we could call it the Ruth Porat effect. The stock is up 12 … Continue reading Google Rising