January 5, 2025

This article investigates the puzzling decline in the price impact of S&P 500 index additions and deletions over the past four decades, despite the rapid growth of passive investing. It explores potential explanations, including changes in market liquidity and efficiency,

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Photo by Steve Johnson on UnsplashPhoto by Steve Johnson on UnsplashA small section of the CES show floor is explicitly labeled “AI exhibitors,” which might lead a casual observer to think AI isn’t a big part of CES 2025. In truth, AI isn’t confined to any

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The Grinch showed up this year at the nation’s deposit insurer suspending bonuses for senior officials at the FDIC. Bank Regulators have been behaving like frat boys for at least the last couple years, according to an internal investigation performed

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Here are my forecasts for upcoming economic data.     Prior     Forecast Observation           Week of January 6       January 6       PMI Services 58.5 58.5        

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