Blog
Blog
Is the Bond Market Predicting Long-term Inflation?
Executive Summary Everyone is paying more for groceries and gasoline, so inflation is the concern of the day. The Federal Government stimulus [...]
Where is the Shiller P/E Ratio Today?
Executive Summary In January 1999 the Shiller P/E broke 40 and by December of 1999 peaked at 44. Having been in the [...]
What Are Investors Overlooking?
Executive Summary As the everything bubble remains in the “Blow off Phase” (first graph), the third quarter GDP number came in at [...]
What Does Dr. Lacy Hunt Think About the Economy?
Executive Summary Drawing upon Dr. Lacy Hunt’s Quarterly Review and Outlook for the third quarter 2021, this week’s commentary looks at the [...]
Could China be the Pin that Pops the Bubble?
Executive Summary In the past China’s fast-growing economy was driven by production of exports for the West. However, post the Great Recession [...]
Is “Valuation” a Dirty Word?
Executive Summary The longer a bubble in stock prices expands, the more the word “valuation” becomes considered irrelevant. Valuation means determining what [...]
Will the U.S. Default on Its Debt?
Executive Summary Is $28 trillion in United States government debt not enough? The answer is “no”, as the Congressionally approved deficit spending [...]
What is Going on With Long-Term Interest Rates?
Executive Summary Last week the stock market took a roller coaster ride while bonds took a hit. The 10-year Treasury Note yield [...]
What Happened in the Stock Market?
Executive Summary Monday’s stock market move may have seemed a bit extreme. Many financial pundits will speculate as to the cause; however, [...]