Americans Agree on Spending More and Taxing Less

Americans Agree on Spending More and Taxing Less

October 21, 2024 On what issues do supporters of presidential hopefuls Donald Trump and Kamala Harris agree? Well, a significant portion of people in both parties want more spending and tax breaks. And let’s be real here – what kind of person are you if you’re against...
The Pessimistic Economist

The Pessimistic Economist

October 14, 2024 Ken Rogoff, who is not only an economist and Harvard professor but also a chess grandmaster, thinks we’re going to see more inflation spikes. He also thinks we’re in for higher volatility, inflation, and interest rates, no matter what the...
The Time Has Come

The Time Has Come

October 7, 2024 In September the Federal Reserve changed direction. Fed Chair Jerome Powell came out of the central bank’s Jackson Hole meeting and said the time has come for policy to adjust. In other words, the Fed is lowering interest rates. This follows healthy...
The Current Excess Has One Primary Culprit

The Current Excess Has One Primary Culprit

September 30, 2024 I wrote about stock extreme market valuations last week . Valuations have been shockingly high and seem to keep rising. However, that’s the nature of bull and bear runs – they’re often higher and lower than most people think possible. It seems...
It May Be Time to Be Careful

It May Be Time to Be Careful

September 23, 2024 The stock market’s overall valuation relative to its underlying earnings is around the highest level in recorded history. According to the cyclically adjusted price-to-earnings ratio, or CAPE Ratio, only the dot-com bubble peak and late 2021...