Last year, 2013, will likely go down as the beginning of the end for the bull market in stocks. Since the market bottom in 2009, stocks have rallied over 170%.…
Greetings from Peru! When most investors think about South America, they think about Brazil: the single largest South American economy. Indeed, even the famous acronym for the most important emerging…
The markets are ramping higher today, with the S&P 500 having bounced of its 50-DMA in the overnight futures session. As you can see, this has been THE line since…
The markets are in a perilous condition today. We’ve been noting for months that the markets were displaying signs of a top. Among other items, we recently noted: 1) Margin…
Perhaps the single most misunderstood item in the financial world is the Chicago Board Of Options Volatility Index, or VIX. The VIX is a measure of how much investors are…
The markets are entering a blow off top. For five years, by keeping interest rates near zero, the Fed has been hoping to push investors into the stock market. The…
Resource pressure is a constant. As we continue to track the nearly delusional energy “debate” in the United States about whether we will continue to burn coal and whether natural…
The primary theme driving US stock markets, is that of whether the Fed will taper or not. The mere fact that this is the single most important theme for the…
The following is an excerpt from a recent issue of Private Wealth Advisory… To find out more about Private Wealth Advisory and how it can help you beat the market,…
The Times of Israel recently reported that Saudi Arabia and Israel are coordinating attack planning against Iran should the West (meaning the U.S.) back down and allow for unacceptable development…
We’ve long maintained that Japan is ground zero for the “QE works vs QE doesn’t work” debate. The Fed’s economic models, and 99% of the economic models employed by Central…
There are two “clear cut” roads to long-term economic disaster. 1) Spending too much relative to GDP (see European social welfare states). 2) Reproducing too little. Today we’re focusing on…
It’s almost never openly admitted in public, but the reality is that few if any investors actually beat the market in the long-term. The reason for this is that most…
The markets have been extremely quiet the last few days. With the exception of the hard selling that occurred on Thursday it’s been a snooze fest. The reason for this…
The following is an excerpt from our most recent Cigar Butts & Moats newsletter. One of the primary themes of our articles over the last few months has been the…
For over four years now, the mainstream media continues to parrot the Federal Reserve’s assertion that QE is in fact a monetary tool that will create jobs. This assertion overlooks…
Editor’s Note: Tom Langdon (a pseudonym) is a former intelligence officer and Wall Street trader with over 25 years of experience advising institutional clients, government officials and business executives. Previously…
The market is overpriced, to be sure. I’m gauging this on the single most important valuation metric in finance: the cyclically adjusted price-to-earnings ratio or CAPE ratio. Generally speaking, most…
Here’s the news worth knowing about today: 1) Europe is not fixed. The EU just announced record high unemployment with unemployment numbers rising nearly one million thus far in 2013.Greece,…
Dear Investor, I have a business I would like to sell you. Let’s run over the numbers first. First and foremost, I have to be honest, this business has not…
