Our take on the investing, financial, & economic themes of the day

The Misery Index and the Price of the S&P 500

Here’s an interesting observation from economist Ed Yardeni of Yardeni Research, Inc. ┬áThe “Misery Index,” which is the combination of the unemployment rate plus the inflation rate, is inversely correlated with the expense of the stock market, as represented by the forward ... read more...

An Essay on Where Things Stand, Economically, This Day in Late June

28 June, 2011 by Ben O'Brien in Commentary
Foolish me: in the aftermath of the Great Sell-off of March 2009, when so many people bailed out of the market at the very low, I thought that investors might change how they look at portfolio performance. I thought that perhaps in the future people might be more interested in evaluating ... read more...