This past week was our annual family ski trip, which is why our postings have been lighter than normal this week. We will return next week back with our full schedule. In the meantime, we know you get busy and don’t check on our website as often as you might like. Plus, with so much […]
The bull market turned in an impressive gain of over 30% (on a total return basis) in 2019. While not a rarity in market history, it certainly falls into the “outlier” category. Not surprisingly, the media has been quick to jump on the story suggesting that if 2019 was strong, just wait until 2020. To wit: […]
Gold broke out of a six year consolidation. Things look up in 2020. Gold Monthly Chart 2004-Present Gold Monthly Chart 2010-Present Smart Money Shorts I ignore short-term COT “smart money” warnings although I would prefer there to be fewer bulls. For discussion of “smart money“, please see Investigating Alleged Smart Money Positions in Gold. Pater […]
J. Brett Freeze, CFA, founder of Global Technical Analysis. Each month Brett will provide you their valuable S&P 500 Valuation Chart Book. This unique analysis provides an invaluable long term perspective of equity valuations. If you are interested in learning more about their services, please connect with them.
I was stunned by a recent article from Marshall Auerback via The Nation entitled “Why Democrats Need To Stop Worrying And Love The Deficit.” “Delivering on big progressive ideas like Medicare for All and the Green New Deal will never happen until Democrats get over their fear of red ink.” While the article is long, […]
In the past, we discussed how “Capitalism” was distorted by Wall Street. We’ve also reviewed some of the “myths” of capitalism, which are used to garner “votes” by politicians but are not really true. Most importantly, we discussed the fallacy that “more Government” is the answer in creating equality as it impairs economic opportunity. I […]
A fascinating graphic was recently produced by Oxford Economics showing compounded economic growth rates over time. What should immediately jump out at you is that the compounded rate of growth of the U.S. economy was fairly stable between 1950 and the mid-1980s. However, since then, there has been a rather marked decline in economic growth. […]
There is little denying the rise of “socialistic” ideas in the U.S. today. You can try and cover the stench by calling it “social democracy” but in the end, it’s still socialism. Since 1775, millions of Americans have given their lives in defense of the American “idea.” The tyranny and oppression which arise from communism, […]
One of the most highly debated topics over the past few months has been the rise of Modern Monetary Theory (MMT). The economic theory has been around for quite some time but was shoved into prominence recently by Congressional Representative Alexandria Ocasio-Cortez’s “New Green Deal” which is heavily dependent on massive levels of Government funding. […]