The United States Reassumes Its Position as the Engine of the World Economy Earlier this week, we discussed our view on inflation rates...

Green Shoots goodstead wishes to apologize to its Members for the lack of depth of analysis this week. Our attention was focused on a...

The macroeconomic picture in the United States is best understood as a tale of two economies: one is in a deep recession, from which it...

This game will end in tears It's not often that a $250MM company becomes a 25B company basically overnight. It's even more rare that the...

Jobs Claims Rise, a FinTech Hero Looks Less Heroic, and Alternative Currencies Continue Their Euphoria-driven Flight Heavenward Initial...

Greater Clarity on the Election Winner and News of a Vaccine Are a Powerful Booster Shot to Markets The first trading day after multiple...

On the Importance of Hanging in We've written before about our four basic principles that inform our approach to investment management,...

A Modest Disquisition on the Concept of Imputed Rents, or, Why Not to Buy a Home It seems almost an article of faith in the United States...

Active managers have failed to earn their fees over the past five years.