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Collaborative research

We evaluate a pearl by comparing it to others ...

The complexity of modern capital markets and the flood of relevant information on the Internet have made the security analyst’s job more difficult.

Traditional commercial sources of investment data no longer adequately cover the market.

Collaborative research techniques offer competitive advantage to forward-looking institutions.

Featured articles on inside pages

Stock buybacks

Accelerating to a buyback-option blowout

By Q1 2006, stock buybacks had multiplied to five times the level of 2000. Buybacks grew by 25% in 2005, with corporate profits after taxes increasing only 5.5%. At these rates, buybacks will exceed after-tax profits by 2009.
More ...

Securities Analysis

Managing complexity

Modern capital markets have become so complex that security analysis methods of the 1930s are no longer adequate. Complexity goes beyond financial data to collateral issues such as operations, foreign and domestic taxation, and structural risks. More ...

US Politics

President Obama and the Lincoln Bible

The Crash of 2008 put Barack Obama in the Oval Office and was the culmination of two secular financial trends. Americans now have an untested, inexperienced leader, with strange radical friends and a leftist deficit spending agenda. More ...

US equities

Stocks surge on spurious earnings

In Q1 2009, stock buybacks came back, driving up equity prices and sparking a rally by dominating a thin market. These equity repurchases were financed from depreciation reserves and bond issues. More ...

US Bonds

Bond demand exceeds supply for a decade

Over the decade, 1995-2004, the demand for US bonds of all types has surpassed new bond issues in eight of the last ten years. This is the reason that bond prices have held firm, even in 2003, when net new issues reached almost $1.8 trillion. More ...

World Economy

Working off the US trade deficit

Foreigners hold $16.8 trillion in US financial assets as a result of selling more goods to Americans than they buy from them. Since the 'deficit' is in dollars, the US has no problem in 'paying it off'. More ...

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Capital Flow Watch has hundreds of articles on economics and investments.

Articles have excerpts on the front pages, and on tag, category, search and archive pages.


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September 2009
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Stock Quotes

DJIA10339.86  chart +0.19%
NASDAQ2186.14  chart -0.19%
S&P 5001084.54  chart +0.09%

Ftse 1005275.44  chart +0.18%
Dax6110.41  chart -0.40%
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Nikkei 2259253.46  chart +0.44%
Hang Seng Index21071.57  chart -0.16%
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Eur To Usd1.28  chart +0.44%
Usd To Jpy86.20  chart +0.44%
Gbp To Usd1.56  chart +0.44%

2010-08-13 13:03