Blog
Blog
Is the S&P 500 Overvalued?
Executive Summary The S&P 500 appears expensive when compared with the fundamentals of the companies in the index. Two common valuation measures—the [...]
Does the AI Bubble Rhyme with the Technology Bubble?
Executive Summary At the peak of the 2000 Technology Bubble, tech and telecommunication stocks comprised about 41% of the S&P 500. Currently [...]
Will the Fed Raise Interest Rates This Week?
Executive Summary As I have written before, the Fed has boxed itself in a corner. The current administration wants lower interest rates, [...]
Is the Money Supply Growing Faster than the Economy?
Executive Summary Every time a crisis occurred in recent history, global central banks have created more money to “paper over” any disruptions [...]
What is Concerning About the A.I. Boom?
Executive Summary This week’s newsletter builds on the August 18th issue, which examined circular financing in the A.I. space. Billions of dollars [...]
Is the Treasury Trying to Manipulate Long-term Interest Rates?
Executive Summary Long-term interest rates are typically determined by economic conditions. Last week, in addition to U.S. debt crossing $40 trillion, Treasury [...]
What Lies Under the Hood of the Stock Market?
Executive Summary U.S. stock market capitalization has reached nearly $75 trillion, but many investors may not understand what is happening beneath the [...]
Is the Labor Market Weakening?
Executive Summary Market pundits closely watch the monthly jobs report, but recent large annual revisions—911,000 and 598,000 jobs removed over the past [...]
How Does One Prepare for What Lies Ahead?
Executive Summary Recently I have written about the increase in speculation in the stock market as evidenced by margin debt (see first [...]