Blog
Blog
What is Going on in the Housing Market?
Executive Summary Anyone who has been paying attention to the residential real estate market lately is probably shaking their head. It is [...]
What Happens During Manias?
Executive Summary Since 1990, the monetary base has grown from around $300 billion to close to $5.5 trillion. (See first graph) The [...]
Is the Wedge Still Growing?
Executive Summary The first graph below illustrates the growth in corporate profits versus the S&P 500 Index. The point of sharing this [...]
Are There Two Faces to the Employment Picture?
Executive Summary The good news announced last Friday by the Bureau of Labor Statistics (BLS) was 916,000 new jobs were created during [...]
Is the Fed Intentionally Deceiving the Public?
Executive Summary Financial media and the stock market seem to hang on every word released by the Fed. In fact, last week [...]
How Does the Current Stock Market Cycle Compare to Prior Bubbles?
Executive Summary In this eye-opening look at the current stock market cycle, I compare the cycle to 1929 and 1999 as well [...]
What Would a Rise in Mortgage Rates Do to Housing?
Executive Summary The current housing market appears to be booming with continually escalating prices. Substantially aided by the Fed’s low interest rates, [...]
How Does the Crowd Exit All at Once?
Executive Summary The quote below is from Warren Buffet’s long-time business partner, Charlie Munger, and speaks to the recent irrationality in the [...]
Are Treasury Yields Foretelling Inflation is Coming?
Executive Summary Many are looking at the recent surge in long-term Treasury yields as a sign that inflation is on the horizon. [...]