Citigroup’s Settlement and Forward Earnings Expectations

Early Monday morning, both Citigroup (C) and the Department of Justice confirmed that the bank would pay $7 billion in a settlement for its part in the residential mortgage-backed securities blowup that caused the worldwide global financial crisis in 2008. While the...

Corrections and the Start of Earnings Season

Prolific, controversial, and opinionated Barry Ritholtz is one of the most widely read asset managers and hedge fund critics. His recent article on a coming correction has struck a chord with many investors, and may even have had a marginal impact on the S&P 500,...

An Underappreciated Strategy for Providing Alpha Post 2008

A curious thing happened after the financial crisis in 2008. When stocks fell, the buying opportunity of a lifetime presented itself to people who could buck the sour mood—as Timothy Geithner writes in his recent book, serious investors began discussing buying gold...

The Return of the Macro Bulls

After climbing nearly 30% in 2013, the S&P 500 (SPY) was due for a correction. This was the opinion of most market participants in early 2014, and many trendspotting investors were placing heavy bets on that correction happening. While some hedge funds attracted...

Dividend Divergence

Dividend-yielding stocks are a favorite amongst retirees, so institutional investors cannot ignore them. As the Wall Street trend away from trading and towards asset management continues unabated, both the demand for and scrutiny of dividend stocks has grown, yet the...