“… during the “difficult” economic times since the financial crisis began gathering force in Q1 2008, the S&P 500 companies have distributed $3.8 trillion in stock buybacks and dividends out

Brilliant explaination of the current economic predicament by Charles Hugh Smith. He explains how the Federal Reserve has now moved to the “duct-tape” era. This seems to have been confirmed

Remarkable statements from the BIS about the current state of central bank policy around the world. Understand that the BIS is the central bank policy maker forum. link to article

Global economic policy makers are now fully engaged with short term desperate measures. It is crucial that investors understand how far policy has moved into the twilight zone. Markets no

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