Benjamin Orthlieb

[Benjamin Orthlieb @BenOrthlieb]

I am an immigrant to America; I just heard this speech from President Reagan for the first time and was deeply moved.

#americandream https://t.co/cm3ZJdUNUG

[Benjamin Orthlieb @BenOrthlieb]

My Fresh Cut https://t.co/NUClXCbf7e

[Benjamin Orthlieb @BenOrthlieb]

@hussmanjp Have you tried Mkt value/GVA for countries outside the US?
CAPE works well, but maybe yours is better

[Benjamin Orthlieb @BenOrthlieb]

@julienusa I'm in!

[Meb Faber @MebFaber]

If you talk about one of these without the other two, you're missing the point:

dividends
buybacks
share issuance

[Benjamin Orthlieb @BenOrthlieb]

Turn Off Your Chief Economist: GDP Growth Doesn't Predict Stock Returns...but Value does!

Alpha Architect https://t.co/RafKJd6EBs

[Benjamin Orthlieb @BenOrthlieb]

The last 30 years of global economic history are about to go out the window https://t.co/0Zg7WTKYhF

[Benjamin Orthlieb @BenOrthlieb]

Why I Don’t Invest in Momentum Stocks…Yet! - Alpha Architect https://t.co/YOpJfxpJ6x

[Meb Faber @MebFaber]

Sovereign high yield bond strategy: picks ~2% a year by excluding bottom half of yielders.

http://t.co/zk1Usy3JNW

[Benjamin Orthlieb @BenOrthlieb]

Great review of Twitter's Moment - Stratechery by Ben Thompson http://t.co/q7iut89XBh

[Benjamin Orthlieb @BenOrthlieb]

Absolute Strength Momentum Investing Strategy
Nice returns, possibly impossible to implement!
http://t.co/P44sg8MHCG

[Benjamin Orthlieb @BenOrthlieb]

“The conditional probability of a recession [...] was just 5-10%. It has now jumped to between 60 and 75 %.” !!!

[Bill Hester, CFA, CMT @billhester]

Now at June 1999 levels on MV/GDP ratio. Top came 298 trading days later. Gains during that time wiped out in 27 days

[Robert J Shiller @RobertJShiller]

My CAPE (cyclically adjusted price earnings) ratio reached 27.60 at close of market today, passing 2007 high. http://t.co/XbP0eZ2TA7

[Benjamin Orthlieb @BenOrthlieb]

“If you’re thinking of selling, you’re probably too late. If you’re thinking of buying, it’s probably too early.”
http://t.co/snCdpZa9ew

[John P. Hussman, Ph.D. @hussmanjp]

Updated Economic Review. May be surprising how many companies will attempt to offset Q3 earnings misses with job cuts

[Benjamin Orthlieb @BenOrthlieb]

Those metrics make more sense than debt to GDP... and are not looking good for the US
http://t.co/aK2v6JGMrG

[Benjamin Orthlieb @BenOrthlieb]

The first graph on probability of global recession is worth internalizing!

On My Radar - CMG http://t.co/UKvZftagpd

[Benjamin Orthlieb @BenOrthlieb]

Another game changing post from @hussmanjp - the mean inversion finding is extremely good and important
http://t.co/ynZY7hIRZT