TAM's Pedagogics: April 28th, 2011
Apr. 28, 2011 8:22 AM ET
Kevin Tuttle's Blog
26 Followers
Please Note: Blog posts are not selected, edited or screened by Seeking Alpha editors.
Seeking Alpha Analyst Since 2011
Kevin A. Tuttle is the CEO and Chief Strategist of the Money Management & Capital Services firm Tesseract Asset Management, LLC (TAM). TAM serves as the General Partner of Long/Short Equity & Alternative Investment Hedge Funds and operates a Capital Services division oriented toward small & medium size companies seeking capital. TAM also owns the registered investment advisory firm TAM Portfolios, LLC (TAMP), which offers Mr. Tuttle’s unparalleled Long Only Growth Portfolio (LOGP) Separately Managed Account (SMA).
Over the last 2 decades Kevin has become an industry-recognized technician and has distinguished himself with his signature 100-Year Market Theory and corresponding Dow Chart. His unique quantitative and technical approach to managing assets has lead TAM's growth and success since its inception.
Since the 2008 Debt Debacle every major participant on Wall Street has been getting criticized about transparency. Yesterday was the government’s time to practice what it preaches. Fed Chairman Bernanke’s first official Federal Reserve Press Conference did just that - kinda.
He began by pushing the blame of inflation toward international demand with no influence from loose monitory policy and then acknowledged the effects the Fed has had on the debt & equity markets. So I guess transparency means… uh, do no wrong? Whichever the case, the equity markets loved it when he quantified the plan on funding the economy further with another potential round in August.
Nonetheless, it didn’t do so much for the Greenback as it broke the 2009 bottom and began heading toward all-time lows. Just remember, the lower the dollar goes, the less money the U.S. Government debt becomes – so… the powers at be jumping on the ‘transparency’ bandwagon, didn’t seem to mention that lil’ tidbit.
US Dollar Index
KAT
Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.