We do not know when Tesla’s moonshot will end. However, as we learned in 2001, the end is unusually swift and vicious. Afterward, it can take years and even decades before an investor breaks even
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The “Death of Fundamentals” has become apparent as investors ignore earnings to chase market momentum. Throughout history, large divergences between fundamentals and price have ended poorly.
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If you haven’t heard of Modern Monetary Theory, or “MMT,” you will soon. If you recently lost your job due to the economic shutdown, and received a stimulus check, you are already a beneficiary of it.
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Here is what you might have missed from the RIA Crew last week. A compilation of our best blogs, newsletter, podcasts, the daily radio show and commentary from RIAPRO.NET.
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S&P 500 Monthly Valuation & Analysis Review. A deep dive into the fundamentals which drive long-term returns from J. Breet Freeze.
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It will take years for the economy to recover back to pre-COVID levels. Quite simply the stimulus used to cushion the blow today will hinder growth tomorrow.
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The rather “Pavlovian” response to Central Bank interventions has led investors into a false sense of security with respect to the risk being undertaken. Here are the 15-investing rules to win the long-game.
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If you haven’t heard of Modern Monetary Theory, or “MMT,” you will soon. If you recently lost your job due to the economic shutdown, and received a stimulus check, you are already a beneficiary of it.
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In March, it appeared as if the bubble had finally popped. However, the Fed’s quick response and massive monetary interventions ceased the asset bubble’s deflation and reinflated it.
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Here is what you might have missed from the RIA Crew last week. A compilation of our best blogs, newsletter, podcasts, the daily radio show and commentary from RIAPRO.NET.
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Investors are faced with realities of investing during an emergency. Was COVID just a blip or could they be reflective of investing during emergencies?
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Is it time to retire the 60/40 porftfolio? For decades the use of bonds to diversify risk in portfolios has been a huge tailwind as rates have fallen. With rates near zero, what should investors do now?
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Each dollar of debt drives less growth than the prior dollar of debt, thus requiring even more debt. This article explores Yield Curve Control (YCC), a policy tool at the Fed’s disposal to keep digging even deeper into the hole.
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We are in the winter of household finances. The “Fourth Turning” is upon us, as we explore how to navigate an uncertain future and maintain financial stability.
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A review the bull case seemingiy built on “Unicorns” and “Rainbows,” contradicts a more bearish fundamental backdrop. While bearish longer-term, we are “fully invested bears.”
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Is it 1999 or 2007? Retail investors flood the market as speculation grows rampant with a palpable exuberance and belief of no downside risk. What could go wrong?
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While the release of the retail sales report was stronger than expectations, the bounce will be difficult to maintain as consumers are tapped out, facing high unemployment and a slow recovery.
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Here is what you might have missed from the RIA Crew last week. A compilation of our best blogs, newsletter, podcasts, the daily radio show and commentary from RIAPRO.NET.
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Retail sales surged in May but manufacturing is another story. The Fed’s Industrial Production and Capacity Utilization puts a big negative spotlight on the emerging V-shaped recovery thesis.
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Each dollar of debt drives less growth than the prior dollar of debt, thus requiring even more debt. This article explores Yield Curve Control (YCC), a policy tool at the Fed’s disposal to keep digging even deeper into the hole.
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Last week, we discussed investors throwing caution to the wind, and the need take on defensive positioning. One week later, the bulls and bears are squaring off at the 200-dma line to see who will gain control.
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For the last several years, Robo-advisors have been touted as the “holy grail” of investing. Unfortunately, the first major review of reveals they all failed their first big test of benchmark performance.
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“There is a ‘Great Divide’ happening between the near ‘depressionary’ economy versus a surging bull market in stocks. Given the relationship between the two, they both can’t be right.”
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Here is what you might have missed from the RIA Crew last week. A compilation of our best blogs, newsletter, podcasts, the daily radio show and commentary from RIAPRO.NET.
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Market pundits seem to have strong opinions about how fast or slow the economic recovery will be once it starts. Such clairvoyance is stunning given the uncertainty of the current GDP forecast, which is already two-thirds in the books.
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With investors throwing investing caution to the wind, technically speaking, it’s time to take on defensive positioning. Such was the warning we discussed in this past weekend’s newsletter.
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Often it is stated viewing something in hindsight is like having 20/20 vision. In this case, expectations of a “V-shaped” economic recovery will likely leave everyone disappointed.
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The two previous 20-year secular bull markets begin with valuations in single digits. At the end of the first decade of those secular advances, valuations were still trading below 20x.The 1920-1929 secular advance most closely mimics the current 2010 cycle. While valuations started below 5x earnings in 1919, they eclipsed 30x earnings ten-years later in 1929. The rest, as they say, is history. Or rather, maybe “past is prologue” is more fitting.
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Here is what you might have missed from the RIA Crew last week. A compilation of our best blogs, newsletter, podcasts, the daily radio show and commentary from RIAPRO.NET.
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Speculators are dumping gold, which may actually be bullish. This judging from futures and alleged jewelry demand, the price of gold ought to be falling. But it isn’t.
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