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Top related persons:
James Surowiecki - 2 Jim Simons - 1 that's - 1 Jim - 1 Francis Galton - 1 Eugene Fama - 1 I'm - 1 there's - 1
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2 mentions found


☆ How to generate some return on Costco after a nice rally, without having to sell the stake
  + stars: | 2024-05-13 | by ( Michael Khouw | ) www.cnbc.com   time to read: +8 min
How I think about Jim Simons' legacy, and a trade on one of the most successful retailers, Costco, follows. First, a contrarian view in Costco: Costco (COST) is one of the best performing retailers over the past year. Last week, Costco released their four-week retail sales results for the period between Monday, April 8th and Sunday, May 5th. There is only one thing I don't like about Costco, the price. The weak form suggests past market prices, which are generally observable, are fully reflected in stock prices.
Persons: Jim Simons, that's, Jim, James Surowiecki, Francis Galton, Eugene Fama Organizations: Costco, Fund Locations: Costco, U.S, New York, Surowiecki
☆ Consumers Feel Better About the Economy. Why? Gas Prices, Eggs, Stocks
  + stars: | 2024-01-29 | by ( Emily Stewart | ) www.businessinsider.com   time to read: +6 min
Listen, I'm not saying that all the good vibes Americans are suddenly feeling about the economy boil down to stocks, gas prices, and eggs. What improved America's economic vibes was basically three things: the soaring stock market, falling gas prices, and eggs. Research shows that consumers feel more pessimistic when gas prices go up — James Surowiecki points out in The Atlantic that high gas prices also make people less happy and more likely to hate the president. If oil prices stay relatively low and, in turn, keep gas prices down, less exasperated drivers could help Joe Biden keep his job come November. There are all sorts of geopolitical threats and unknowns that could throw global trade and oil prices (and thus gas prices) into chaos.
Persons: I'm, there's, There's, Jordan Weissmann, —, It's, James Surowiecki, Joe Biden, they're, Emily Stewart Organizations: University of, Dow, Federal Reserve Bank of San, AAA, Research, Bureau of Labor Statistics, Times, Business Locations: America, The
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