Asset Price Distortion Field
It is strange enough that, over the last two years, the S&P 500 has gone up around 40%, without earnings growth. However, looking at how those earnings have been generated,
Best practices are meant to be shared. That’s why we observe the market and then share our insights on what’s happening, to give you context. We’ve organized every blog into categories, so it’s easier for you to find the answers that matter most to you.
It is strange enough that, over the last two years, the S&P 500 has gone up around 40%, without earnings growth. However, looking at how those earnings have been generated,
12 minute video explains the new high risk status of deposit money in a bank. https://www.youtube.com/watch?v=jPsOopzp7e4
In general, savings and retirement plans have been devastated by misguided policies. Stage one of any financial plan is to understand the environment we find ourselves in. https://www.mauldineconomics.com/images/uploads/pdf/2013_09_03_2OTB.pdf
This article explains in the simplest possible terms the fragility of US equities, based on a deeper understanding of the nature of valuation and the earnings cycle. This is why
“An unfortunate consequence of the most recent naïve interventions is that capital preservation in the long run and capital preservation in the short run have been made mutually exclusive. We
The gold market is not behaving as a natural market. There are several relationships, demonstrated by charts in this article, that show extreme imbalances. https://sprott.com/media/258481/7-2013-MAAG.pdf
Unsound money is special privilege to a minority, which is usually disguised and often imposed, but is always at the expense of everyone else. How is our current worldwide “experiment”
“Real per capita disposable incomes took yet another hit. The astonishing annualized contraction of real per capita disposable income has now reached -9.21% — dwarfing the -7.52% contraction rate recorded
It is not often you get the chance to listen to Kyle Bass, one of the best global macro analysts, with an astonishingly good track record through the last ten
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