The Capital Spectator

CapitalSpectator.com is a finance/investment/economics blog that’s edited by James Picerno. The site’s focus is macroeconomics, the business cycle and portfolio strategy (with an emphasis on asset allocation and related analytics). In late-2009, the Eastern Economics Journal named Picerno as one of the nation’s “top economics bloggers”. Picerno is the author of Dynamic Asset Allocation: Modern Portfolio Theory Updated for the Smart Investor (Bloomberg Press, 2010) and Nowcasting The Business Cycle: A Practical Guide For Spotting Business Cycle Peaks (Beta Publishing, 2014). His articles on finance and economics have appeared in a variety of publications and news outlets over the years, including The Atlantic, Financial Advisor, BankRate.com, HorsesMouth.com, and Bloomberg Briefs: Economics. He also pens a daily economics column for the Saxo Group’s TradingFloor.com web site. Picerno has been writing about investing and macroeconomics since the early 1990s at Bloomberg, Dow Jones and other media groups before becoming an independent writer/analyst in 2008. He also offers consulting services on asset allocation and portfolio strategy, the US business cycle, and related data analytics in R and Excel.

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Authors

Awards & Publications

Books: Dynamic Asset Allocation: Modern Portfolio Theory Updated for the Smart Investor (Bloomberg Press, 2010) Nowcasting The Business Cycle: A Practical Guide For Spotting Business Cycle Peaks (Beta Publishing, 2014)

Latest Articles

Clues Pile Up For Expecting Another Rate Hike Next Week

The Federal Reserve remains on track for another round of tightening monetary policy at next week’s FOMC meeting, based on a several indicators. If the central bank announces another rate hike, it’ll mark the eighth increase since the Fed began ...

Macro Briefing: 18 September 2018

Trump OKs more trade tariffs on China: ReutersFlooding in Carolinas after hurricane to linger for days… or weeks? USA TodayN. Korea’s Kim hopes for “big outcome” for summit with S. Korea’s Moon: ReutersRussia blames Israel for military pla...

Stocks Rebounded Last Week As US Bonds, Commodities Fell

US and foreign stock markets firmed up last week, including the recently pummeled slice of emerging-markets equities, based on a set of exchange-traded products. Meanwhile, US investment-grade bonds and broadly defined commodities posted the only se...

Macro Briefing: 17 September 2018

Kavanaugh’s Supreme Court nomination in doubt after allegations: The HillHurricane Florence: ‘worst is still yet to come’ for Carolinas: CNNTyphoon Mangkhut slams southern China: RTEReports that US is set to impose more tariffs on China worry ...

Book Bits | 15 September 2018

● Big Debt CrisesAlso available as a free pdf By Ray DalioReview via MarketWatch Let’s make one thing perfectly clear: Ray Dalio sees parallels between the U.S. today and during the unstable 1930s, but the billionaire hedge-fund manager does not...