Economic Growth, Market Valuation, and Corporate Earnings
The biggest problem for the S&P 5000 target is underlying earnings. There is an obvious correlation between economic growth and corporate earnings. Such [...]
The Fed’s Dovish Tone
As the Fed started to talk about “taper,” the “bulls” sent a stern warning with a 2% “crash” they shouldn’t. After a couple of weeks of several [...]
What is Investing on Margin?
This year, investors are making record-high margin investments against their accumulated assets. According to FINRA, margin debt had reached $847 billion by the [...]
China and Taiwan
There are plenty of points of contention between the political leaders of the two largest economies in the world, starting with the broad [...]
Sentiment Surveys
Sentiment surveys reflect what people say, which may not match what they are actually doing. And, of course, people can change their minds [...]
Reshoring: What’s the Future for Products and Services Made in America?
According to a recent survey of supply chain professionals, the COVID-19 pandemic interrupted 98% of global supply chains. Among the most disruptive supply [...]
Negative Interest Rates
Remember when negative interest rates were unthinkable? In Europe they are increasingly normal, even in nominal terms. Subtract inflation to get a real [...]
Roth vs. Traditional IRA: Retirement and Estate-Planning Advantages
It would be nice if the Roth IRA had been around long as the traditional IRA. Imagine the long-term benefits of tax-free growth [...]