Executive Summary Every stock market cycle in history has had both a bull (upside) and bear (downside) to it. The challenge is always in calling the correct change in direction. This week’s commentary includes excerpts from Dr. John Hussman’s June 2024 market comment titled “You Can Ring [...]

Executive Summary A look at the “strong” employment data reveals some discrepancies casting doubts on the employment picture. For instance, the Establishment Survey in May showed 272,000 job gains, while the Household Survey reported employment fell by 408,000. Another discrepancy is reflected in the Establishment Survey showing [...]

Executive Summary The National Bureau of Economic Research (NBER) makes the official declaration of recessions, which can occur up to a year after the official start date of the recession. Currently many economists are debating whether the U.S. will enter recession in 2024. This week’s missive provides [...]