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Blog
Are House Prices About to Fall?
Executive Summary The median after-tax household income is about $70,000, while the median sales price of houses is $420,000. When including a [...]
Is the Mania Continuing?
Executive Summary Overvaluation in the stock market has reached such extremes even a Federal Reserve Bank governor, Lisa Cook, uncharacteristically mentioned it [...]
Is the Economic Data Reliable?
Executive Summary There are many claiming the U.S. Economy is strong; however, in this issue I am going to point out some [...]
Do Bubbles Last Forever?
Executive Summary Current stock market valuations are pushing the limit of statistical norms. Look at the first graph below which shows the [...]
Inflation Distractions
Executive Summary The following was written by Brian Wesbury, Chief Economist, and Robert Stein, Deputy Chief Economist, at First Trust Advisors, L.P. [...]
How Will the Speculators Fare?
Executive Summary Benjamin Graham (Warren Buffett’s mentor) and David Dodd authored the book Security Analysis, in which they define investment as: “An [...]
Is the Consumer Hurting?
Executive Summary Historically, when the yield curve un-inverts, a recession is soon to follow. In the first graph below one can see [...]
What Does “Overvalued” Mean?
Executive Summary What does stock market overvaluation mean? Overvaluation refers to whether the price paid for a stock is higher than what [...]
Is the U.S. in a Fiscal Crisis?
Executive Summary Election day is finally upon us! Everyone wants to know who is going to win, and what will happen to [...]