Resources

Executive Summary The first graph below is Warren Buffet’s favorite market valuation ratio. Note from current valuations, the S&P 500 would need [...]

Executive Summary The Fed’s monetary policy for the last ten years has been characterized as “too loose for too long,” resulting in [...]

Executive Summary The Federal Reserve Bank’s policies including increasing the monetary base and funding the Federal Government’s stimulus programs led to a [...]

Executive Summary In March of this year the Fed began increasing short-term interest rates. Typically, they do not start rate tightening when consumer [...]

Executive Summary In a healthy economy, long-term interest rates are higher than short-term rates (see first graph). However, when short-term rates are [...]

Executive Summary This week I wanted to share a guest article from John Mauldin. This article is reflecting on the trends that [...]