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

Moderate US Growth Expected In This Week’s Q4 GDP Report

The coronavirus that’s roiling China and beyond is creating uncertainty about global economic activity in early 2020, but this week’s initial estimate of US GDP for last year’s fourth quarter is on track to post a gain that’s comparable to Q...

Macro Briefing | 28 January 2020

Coronavirus infections in China rise above 4,500; deaths climb to 106: CNBC New York, with large Chinese population, prepares for coronavirus: NY Times Don’t blame the slide in US stocks on the coronavirus: MW Pressure rising for Bolton testimony ...

Virus Worries Weighed On Stocks As REITs, Bonds Rose Last Week

China’s spreading coronavirus took a bite out of risk assets late last week, inducing a run into safe havens. US real estate investment trusts (REITs) and US bonds posted gains for the trading week through Friday, Jan. 24. Meanwhile, stocks and ...

Macro Briefing | 27 January 2020

China’s death toll from the coronavirus rises to 80: Bloomberg Coronavirus worry weighs on global stock markets: CNBC China halts trading on stock exchanges as virus outbreak spreads: SCMP US Embassy compound in Baghdad was hit by rockets on Sunda...

Book Bits | 25 January 2020

● The New Class War: Saving Democracy from the Managerial Elite By Michael LindReview via The Washington Examiner The New Class War: Saving Democracy from the Managerial Elite [is] a short volume that examines the populist revolts in the U.S., Bri...