Resources

Is the Carry Trade Unwinding?
Executive Summary Japan’s Nikkei 225 stock index peaked in 1989 and took 34 years to recover after the dramatic decline (see first [...]
Is the Clock Ticking on Social Security?
Executive Summary In 1935 Franklin D. Roosevelt signed the Social Security Act into law. One could claim full retirement benefits at age [...]
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 [...]

