Are Stocks Cheap? The Feds think so…
Are Stocks Cheap? A Review of the Evidence Fernando Duarte and Carlo Rosa A version of the paper can be found here. Want a summary of [...]
Projected 15-year S&P 500 Returns
Prediction stock market returns--a fascinating concept. A true magical talent. Of course, we've put some of our brainpower (a limited resource!) on the subject [...]
The Military Industrial Complex has Arrived
A bit off topic, but definitely should play into macroeconomic themes and theses. The 2011 highest income counties in 2011 from the WP. http://www.washingtonpost.com/wp-srv/special/local/highest-income-counties/ The [...]
Debt burdens are painful!
Reinhart (and another Reinhart) and Rogoff have another paper in their series about "Why debt sucks."The title of their newest work is "Debt Overhangs: Past [...]
Out of this world Macroeconomic Data
Measuring Economic Growth from Outer Space Vernon Henderson, Adam Storeygard, and David Weil. A recent version of the paper can be found here. Abstract: GDP [...]
Long-Term Trendspotting: Demographics Matter
Demographic Changes, Financial Markets, and the Economy Robert Arnott and Denis Chaves A version of the paper can be found here. Abstract: It seems natural [...]