Mullaney Keating & Wright

Independent Investment Professionals

  • MUTUAL FUND WORLD - Dimensional Fund Advisors has just released Mutual Fund Landscape 2018 an analysis the  size, scope and performance of United States based equity and fixed income mutual funds. TFM
  • HARUSPICATION - Larry Swedroe details the poor track record of economic and market forecasters in     the-track-record-of-market-pundits. TFM
  • FEDERAL BUDGET OUTLOOK - The Congressional Budget Office has just released its budget outlook for the next ten years.  Budget Outlook Summary is supplemented by another 160 pages of detail.  Let me know if you would like to receive the full report.  The main take … Continue reading
  • TRADE DEFICITS MISLEAD - The Trump Administration appears to be reversing the United States post World War II policy of seeking greater trade reciprocity. Robert Lawrence of the Harvard University Kennedy School analyzes why such a policy is misguided in Five Reasons Why the Focus … Continue reading
  • PRICE DISCOVERY - Brad Steiman of Dimensional Fund Advisors debunks the meme that greater passive investing reduces price discovery in equity markets in his Relying On Market Prices. TFM
  • PENSEES - For the 23rd year the former supply officer on my ship has published his Positive Outlook Calendar for those who contributed to The Leukemia & Lymphoma Society. The calendar is a compilation of sayings for every day of the year.  … Continue reading
  • INEQUALITY - Thomas Piketty of Capital in the Twenty-first Century fame and his fellow researchers have just published the World Inequality Report. I believe that it is the first a many to follow annually.  Both the New York Times and The Hartford Courant … Continue reading
  • SPIVA at 15 - The S&P Dow Jones Indices group began publishing the S&P Indices Versus Active (SPIVA) scorecard 15 years ago.  The managing director of the project reflects on  15 Years of SPIVA in a question and answer format. TFM
  • DE-FAANG THE FAD - Jim Parker of DFA Australia has published an interesting piece, Catchphrase Investing, on the latest Wall Street fad.  See for yourself. TFM
  • TAME THE MARKET - Dimensional Fund Advisors has published Key Questions for the Long-Term Investor a useful guide how to tame what cannot be easily beat. TFM