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

Book Bits | 14 March 2020

● Pharma: Greed, Lies, and the Poisoning of America By Gerald PosnerReview via The Intercept As the new coronavirus spreads illness, death, and catastrophe around the world, virtually no economic sector has been spared from harm. Yet amid the ma...

Macro Briefing | 13 March 2020

Coronavirus infections spread near and far: Reuters US launches airstrikes on Iranian-backed militia sites in Iraq: CNN Global recession risk rising, economists advise: WSJ What would a US recession look like this time? NY Times US stock market is a...

China’s Stock Market Suffers The Least In Global Equities Sell-Off

China has been the epicenter for the coronavirus outbreak, but its stock market is suffering the least on a year-to-date basis through yesterday’s close (Mar. 12) for the world’s major equity market regions, based on a set of exchange traded fun...

Macro Briefing | 12 March 2020

President Trump bans travel from Europe to US to battle coronavirus: BBC State Dept advises citizens to reconsider traveling abroad: CNN Germany’s Merkel: up to 70% of Germans could contract coronavirus: BBC ECB expected to roll out major stimulus...

The Stock Market Crashed. Will The Economy Follow?

The dramatic slide in the US stock market in recent days is effectively a forecast that an economic recession is fate. The assumed catalyst: coronavirus blowback. No one can dismiss this risk, but at the moment there are no hard numbers to confirm t...