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...
A Recession of the “Have Nots”

A Recession of the “Have Nots”

September 16, 2024 We could be in the weirdest recession in U.S. history. In truth, I think we’re already in a recession, and it’s not like those we’ve experienced in the past. While it could prove to be mild overall, it’s hitting the least wealthy Americans...
Fear is Back

Fear is Back

September 9, 2024 Towards the end of July and early August, fear took over markets. On Aug. 5, it evolved into a full-blown panic that hit everywhere. The CBOE Volatility Index (VIX) is often considered the market’s fear gauge. It measures expectations for near-term...
We’re Likely Getting Closer to That Next Pullback

We’re Likely Getting Closer to That Next Pullback

August 26, 2024 Right now, the stock market has an eerie similarity to the summer of 2023. The S&P 500 index was up 16% in 2023’s first half as it climbed out of a bear market. Things were looking good until the end of July, when stocks fell 10% in three months....
You Can’t Build a Dollar Out of BRICs

You Can’t Build a Dollar Out of BRICs

August 19, 2024 The U.S. dollar is the world’s reserve currency. It’s held in large quantities by central banks and major financial institutions, and many commodities are priced in dollars. It’s considered safe for international transactions, international...