The facts are now becoming abundantly clear, that the forecast we’ve maintained for well over two years has been validated: the US is in a DE-pression and both Washington and…
Value investing is often too narrow-minded. What I mean by this is that value investors will often focus on a company’s “value” using a number of metrics and ignore all…
The market is erupting higher on the usual start of the month buying and some gimmicked economic data out of Europe. In this case, the specific data point in question…
The stock market is on the line for the whole QE forever rally. This is an extremely dangerous situation. We are heading into a holiday weekend when any number of…
The market is rallying today on August performance gaming. The talking heads will claim this move has something to do with fundamentals, but the reality is that the move up…
Based simply on CAPE (cyclical adjusted price to earnings) the market is significantly overvalued with a reading of 23. However, even this measurement understates the true nature of the bubble…
After this weekend, the summer session for the markets will be winding down. August historically is a listless time for the markets. In the US, Congress is closed so there…
Our new value focused investing newsletter is officially live. Why did we create this newsletter? First and foremost, you need to know that few if any investors actually beat the…
The latest policy being implemented by Governments around the world consists of simply making data points up when reality doesn’t conform to their wishes. The best example of this is…
The single dominant belief for investors since 2008 has been that the world’s Central banks will not permit the markets to fall to pieces. There are primary two primary reasons…
The QE party is ending. And the following hangover is going to be brutal. Since 2007 the Central Bankers of the world have operated under the belief that they can…
Asia has become the most important issue for the markets today. The Central Bankers’ dream of endless QE has become a nightmare for Japan while China’s “growth miracle” is rapidly…
Japan continues to dominate the economic news. The latest move concerns Prime Minister Abe’s new economic policies to cut corporate taxes. He also announced plans to run a shakeup at…
In April 2013, Japan announced a QE program of $1.4 trillion, an amount equal to roughly 25% of the Japanese GDP. To put this into perspective, the US’s QE1, QE…
The financial media continues to talk about how Europe is saved. It’s odd that somehow everything is starting to look so much better now than Angela Merkel is up for…
The primary myth being perpetuated by the Central Banks of the world is the belief that loose monetary policy and money printing will lead to economic growth. This is the…
The markets fell yesterday despite the Fed pumping over $5 billion into the system. The primary reason is that the Fed is once again talking about tapering QE. There’s also…
I keep hearing that whenever “stocks are rising” it’s a good thing. I completely disagree. If a market move is warranted by earnings and fundamentals, then yes, a sharp move…
The financial world is abuzz with the unexpected jump higher in our manufacturing and non-ISM(s). The world seems to think these two jumps are the result of the US economy…
Traders shot for and managed to hit 1,700 on the S&P 500. At this point, there is no real reason for this other than trader games (start of the month…
