Category Archives: Economics

Weekend Reading: Errant Thinking

Written by Lance Roberts | Feb, 24, 2017

Last week, I penned a post entitled “You Can’t Time The Market?” which was subsequently picked up on the Seeking Alpha website. It is always interesting for me to read…

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The Sure Thing

Written by Michael Lebowitz | Feb, 22, 2017

The New England Patriots pulled off a stunning come-from-behind victory in Super Bowl LI, and one that was truly unprecedented in American football. Throughout modern NFL history, playoff teams that…

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Weekend Reading: Deja Vu

Written by Lance Roberts | Feb, 17, 2017

As discussed yesterday, the exuberance in the markets, as witnessed by the net positioning of large speculators, has reached records on both ends of the spectrum. Those extremes, combined with spiking…

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Fed Up – A Look Behind the Curtain

Written by Michael Lebowitz | Feb, 15, 2017

Danielle DiMartino Booth, a former Dallas Federal Reserve official, released a new book this week entitled Fed Up. The book, a first-person account of the inner-workings of the Federal Reserve…

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Weekend Reading: Fed Up

Written by Lance Roberts | Feb, 10, 2017

As discussed yesterday, the markets have been quiet. Too quiet. That makes me worry as generally when volatility resurfaces it has not been kind to investors in the short-term. But…

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The Lowest Common Denominator

Written by Michael Lebowitz | Feb, 8, 2017

The Lowest Common Denominator: Debt At a recent investment conference, hedge fund billionaire Stanley Druckenmiller predicted that interest rates would continue rising. Specifically, he suggested that, consistent with the prospects…

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Weekend Reading: And…It’s Only Week Two

Written by Lance Roberts | Feb, 3, 2017

As we conclude week two of the new Presidential cycle, it certainly has not been dull. The markets have started struggling with an Administration which is hanging up on heads of…

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Great Expectations

Written by Michael Lebowitz | Feb, 1, 2017

  “Never ever lose sight of long term relationships” – Paul Krake – View from the Peak Throughout 2016 we highlighted that various measures of equity valuations are at historically high…

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Weekend Reading: Trump-eting Dow 20,000

Written by Lance Roberts | Jan, 27, 2017

Well, it finally happened. After repeated attempts by investors to push the Dow above the psychological barrier of 20,000, it finally occurred during a flurry of executive orders and actions…

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Extrapolate at Your Own Risk

Written by Michael Lebowitz | Jan, 18, 2017

As we dig through S&P 500 price forecasts for the year 2017, we discover that a majority of “Wall Street’s top strategists”, are calling for a year-end S&P 500 price…

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Weekend Reading: Anticipation

Written by Lance Roberts | Jan, 13, 2017

Over the past couple of weeks, the market has continued to remain overbought, extended and exuberant on “hopes” that Trump’s policies will be the ointment to cure the economy’s ills….

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Hoover’s Folly

Written by Michael Lebowitz | Jan, 11, 2017

In 1930, Herbert Hoover signed the Smoot-Hawley Tariff Act into law. As the world entered the early phases of the Great Depression, the measure was intended to protect American jobs…

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Weekend Reading: The Beginning Of The Ending

Written by Lance Roberts | Jan, 6, 2017

A few week’s ago I discussed the post-election surge in the market based on rather optimistic outlooks as opposed to the technical underpinnings that currently exists. As I specially stated in…

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