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The 10th Man Archive, December 2016

December 22, 2016

The Trend Is Your Friend

How many times have you heard that saying? HOW MANY?

December 15, 2016

What a Coincidence

The fed funds target is now 0.50%–0.75%.¹ Hooray!

December 8, 2016

The Dispersion Trade

There is a mathematical relationship between the price of an index and the constituent stocks that comprise the index. That seems pretty straightforward.

December 1, 2016

As I write, I am silently celebrating the nomination of Steven Mnuchin to be Treasury secretary. A banker (and not a political hack) in that seat is all right by me. Seriously. And Wilbur Ross as commerce secretary? Terrific.

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