I’ll be speaking at the 15th annual Superbowl of Indexing conference in Phoenix on Monday, Dec. 6. In particular, I’ll be one of several panelists on the asset allocation seminar at 2:30pm. If you’re also attending, please drop by and say hello. For more information about the conference, which runs Dec. 5-8, you can find all the details here.
Daily Archives: October 21, 2010
THE TRENDLESS TREND IN JOBLESS CLAIMS ROLLS ON
If you’re feeling the sting of statistical whiplash from watching the trendless trend for weekly jobless claims, you’re not alone. Whenever this crucial measure of the labor market show signs of progress, it doesn’t take long to reverse the good news with a fresh round of discouraging numbers. But just when you’re set to throw in the towel and accept a darker fate on this measure, it surprises on the upside. That frustrating state of affairs summarizes what’s been unfolding with initial jobless claims in 2010, and there’s no reason to think anything’s changed with this morning’s news that new filings for jobless benefits dipped last week.
BUFFETT RECOMMENDS INDEXING…AGAIN
He said it again. Yes, Warren Buffett, one of the greatest active investors of all time, thinks indexing is a good idea for most folks. The Oracle of Omaha gave index funds a plug in a new article in Fortune.