August 11, 2013
The Fed’s bond buying spree is the largest central bank action ever. Its reversal, and eventual exit, will be even bigger. Recent data point to the fact that the Fed can and should slow or cease its purchases of Treasury and mortgage-backed securities. America’s shrinking deficit Believe it or not, the monstrous American deficit of […]
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August 4, 2013
The great rotation was anything but great. Data reflects only modest differences in fund flow data, but where the funds are flowing, there’s serious concentration. The PowerShares Dynamic Food & Beverage ETF (PBJ) suggests that investors who want a lower risk profile are turning to consumer staples equities. The fund tracks 30 different food and […]
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