“When the world turns upside down, the best thing to do is turn right along with it.” – Mary Poppins
Is Mary’s advice proper when it is your hard-earned wealth at stake?
Our latest is out-
https://t.co/QPXyGCWQm2
"Technically, recent data is better than economists’ expectations, but the situation is better characterized as “ugly but improving.”
Check out our latest- A Dose of Reality About the Labor Market
https://t.co/HPASamHW01
What's Driving Apple (AAPL)? It ain't fundamentals.
"Sales over the previous five years have grown by 3.22% per year, while income by 1.82%. Despite the troubling trends, the stock has nearly quintupled since 2015."
Our latest- https://t.co/JPC8rdTq4R
"If the Fed were not rigorously manipulating yields, we would expect the ratio to be at the upper end of the graph. Yields should easily be into the double digits."
From our latest-
https://t.co/NkLI2cjWBW
"Despite many indicators that economic growth, and therefore corporate profits, will grow meagerly, markets are priced for a renewal of prior growth rates. We caution, in the long run, reality always trumps hope."
Read our latest-
https://t.co/imq5eRRRfz
"What if the market’s traffic lights are green and red at the same time? Dare we ask, what happens when good economics become bad."
Our latest is out:
https://t.co/HPc1oYfHNh
"The current environment may be more uncertain and riskier than any we have seen in our lifetimes. Yet, spreads say the future has never been more certain. "
Read our latest-
https://t.co/zj1QnU352I
"Volatility is an inverse gauge of liquidity, the foundation on which smooth-functioning markets and asset prices rest"
Check out our latest-
https://t.co/s7WzmpsNGl
"Today, the active police have little force. A mob of passive investors is overrunning them. Literally, the active police are being defunded."
From our latest https://t.co/TrqY2eKAdo
Our latest is out- The Decade Long Path Ahead to Recovery
The new surge of debt has assured us that economic growth going forward will be less than the feeble growth of the 2010's.
https://t.co/RjLyPNkdJP
"The new rate environment poses significant problems for passive balanced investors. Gone are the days when these portfolios self-balance during drawdowns and perform admirably in upturns."
From our latest-
https://t.co/wLR2kJJltw
"The appearance of a record long economic expansion was fueled by expanding levels of debt and corporate share buybacks. The façade of recovery, a soaring stock market, convinced most people that it was real."
https://t.co/vfFrswVAvB
Our best case scenario in our latest article-
"If the historical relationship between labor and PCE holds up, and consumption continues to be the predominant contributor to GDP, we should not expect GDP to regain prior highs until 2025."
https://t.co/jzrwTeL9aH
Our latest is out-
The Fed Enters Monetary Light Speed
"The simple answer is the Treasury is enabling the Fed to side-step the law, or to be more accurate, break the law."
https://t.co/vTWesP7Cqh