Here are the results of the long term strategy used by GVAL as compared to US equities over the last 20 years. This is particularly relevant when US equities are

The gap between consumer spending and corporate profitability has never been wider. The Federal Reserve will have to continue printing: https://www.youtube.com/watch?v=fKviBNo76iI

Meb Faber’s recent presentation is now on his web site. It is a very good introduction to how he thinks about asset management and operates his funds. He now manages

We now have to look at 2 different economies whenever new data comes out. This astonishing analysis shows that the 1% economy is now moving in an opposite direction from

Excellent video presentation by John Hussman, analyzing mean reversion, valuation and expected returns. article

William Black’s no-nonsense simplification of the fraud that we call a financial system is both addictive in its clarity and stunningly concerning in its scale. article

This is an outstanding summary of the current state of the world economy, explained in the simplest possible terms. Jim Rickards is a current day financial Copernicus, amidst global institutions

“S&P 500 earnings have barely grown by 10 percent since late 2011, notwithstanding more than a trillion dollars of share buybacks. So there are bubbles everywhere— even the broad market