Resources

Are They Walking a Tightrope?
Executive Summary The Fed is boxed in on how to deal with inflation, with the weakening jobs market combined with the possible [...]
Is it Crazier This Time?
Executive Summary Much of this issue is from a recent Reuters article by Edward Chancellor entitled "Stock market frenzy is a loud [...]
How Are Stock Valuations Justified?
Executive Summary During stock market bubbles, investors become convinced markets can only rise. Justifications for high valuations such as it is a [...]
Has the Stock Market Ever Been This Irrational?
Executive Summary A good measure of the reasonableness of stock market prices is the Price to Sales ratio, mainly because gross sales [...]
What is a Debt Cycle?
Executive Summary Economist John Mauldin wrote several articles reviewing hedge fund manager Ray Dalio’s book “How Countries Go Broke: The Big Cycle.” [...]
Are the Markets Reflective of Reality?
Executive Summary From the bottom of the Financial Crisis in March of 2009, the S&P 500 climbed to a recent high of [...]

