Michael Lebowitz Blog | Talkmarkets | Page 1
Founding Partner - 720 Global, LLC
Contributor's Links: 720 Global

As a strategic investment consultant, 720 Global focuses on enabling our clients, professional investment managers, to raise their quality of service and increase profitability. Our services provide you with expertise in capital markets, macroeconomic research and analysis, asset allocation, ... more

All Contributions

Latest Posts
1 to 16 of 78 Posts
1 2 3 ... 5
Salt, Wampum, Benjamins - Is Bitcoin Next
Cryptocurrency is an independent, digital currency that uses cryptology to maintain privacy of transactions and control the creation of the respective currency.
An Indicator Of Peril
Three of the last four quarters have produced negative RVA levels. Real GDP is not producing similar results, having averaged 2% growth over the same quarters. RVA and Real GDP may not be well correlated over short time frames.
HH 22 Troublesome Facts
The S&P 500 Cyclically Adjusted Price to Earnings (CAPE) valuation has only been greater on one occasion, the late 1990s. It is currently on par with levels preceding the Great Depression.
High Yield IED
The high yield bond market has come to resemble an IED in the financial markets for investors with risks that are both disguised and highly destructive.
Decoding Yellen's Message
On July 12, 2017 in her semiannual testimony to Congress, Janet Yellen stated the following: "the Federal Funds rate would not have to rise all that much further to get to a neutral policy stance."
EC The Fed’s Definition Of Price Stability Is Likely Different Than Yours
The Federal Reserve Act, as mandated by Congress, established a dual mandate of price stability and maximizing employment to guide the Federal Reserve (Fed) in setting monetary policy.
Clarity Or Confusion
The average rate of inflation (Core PCE) for the last 6-months is 1.82%, the average unemployment rate is 4.50% and the Fed Funds rate was just increased to 1.00% following 7 years at essentially 0.00%.
The Fog Of Markets
Janet Yellen, Chairman of the Federal Reserve, appears uncharacteristically determined to maintain a path of higher interest rates and has recently discussed the possibility of reducing the Fed’s balance sheet.
The Risk Spectrum
The best investment managers obsess not about what they hope to make on an investment but what they fear they could lose. At this juncture, current market dynamics offer a lot of reasons one should be concerned.
EC HH Face Off: Stocks Vs. Bonds And The Economic Outlook
There is a healthy debate between those who work in fixed-income markets and those in the equity markets about who is better at assessing markets.
Clouds On The Horizon: Range Chart Update
It is growing more obvious by the day that the administration lacks the ability to enact much of the economic legislation that generated the surge of optimism reflected in post-election stock indexes.
HH The Deck Is Stacked: Putting Risk And Reward Into Perspective
We are frequently told that valuation analysis is irrelevant because fundamentals do not signal turning points in markets.
Volatility: A Misleading Measure Of Risk
Fixing the world’s economic and financial problems will be arduous and steps taken to date have done nothing to abrogate those issues.Durable solutions require time, discipline, sacrifice and a return to sound fiscal and monetary policy.
EC Play The Game To Win
Weigh the benefits and consequences and do your best to ignore peer pressure, and play the game to win.
Passive Negligence Part II
Passive index funds can play an important role in portfolio management. However, when such passive styles of investing grow in popularity to the point that they are overly influential in setting prices, problems tend to arise.
EC The Forgotten Path To Prosperity
Prosperity is a manufactured condition whereby the economic well-being of a person, community or nation is determined by the millions of choices citizens and government leaders make every day.
1 to 16 of 78 Posts
1 2 3 ... 5