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The Tortoise Economy Vs. The Hare Market

The Tortoise Economy Vs. The Hare Market

Happy Bull Market Birthday! Today is the ninth birthday of this equity bull market, a rather impressive run that has generated roughly 5x in returns within an economy that has grown at a yawn-inducing pace. As the third longest bull market in history, this is an impressive day in an otherwise unimpressive week in the […]
Inflation, Deflation, And Bond Market Returns

Inflation, Deflation, And Bond Market Returns

Inflation. Deflation. Two words often heard in conversations about the bond market. Why? Because bond investors tend to demand higher yields in periods of higher inflation and lower yields in periods of lower inflation or deflation. Looking at a long-term chart of yields and inflation, the relationship is clear. Data Source: Federal Reserve Economic Data […]
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                        Stock Of The Week: Cognizant Technology

E Stock Of The Week: Cognizant Technology

A few days ago there were 4 very negative headlines. Today, all is well with the world. Stock of the week: Cognizant Technology has been in our portfolio over 15 years. Wait until you see these numbers. Video Length: 00:09:12
A Stock Market Crash Is The Least Of Our Worries If Trump Starts A World War

A Stock Market Crash Is The Least Of Our Worries If Trump Starts A World War

Cannons, Tariffs, and a World War Trigger Stock Market Crash “Buy on the sound of cannons, sell on the sound of trumpets.” The famous motto going back to 1810 is attributed to Nathan Rothschild, of the famed Rothschild banking family. The implication is that wars don’t cause a stock market crash. Rather, they favor investment. […]
Why Trump’s New Tariffs Are An Ominous Omen

Why Trump’s New Tariffs Are An Ominous Omen

Donald Trump surprised even his own advisors with his decision to impose tariffs on imported steel and aluminum “for a long period of time.” To be more accurate, as the professor Don Boudreaux puts it, “tariffs imposed by Uncle Sam are not imposed on imported steel, aluminum, or anything else. These tariffs are imposed on Americans who buy […]
The Simple Technical Indicator For Crypto

The Simple Technical Indicator For Crypto

When crypto volatility is high (like it is now), buying coins can be intimidating. How can the average person hope to time it right? If you blindly guess, you may buy a cryptocurrency only to watch it drop 25% over the next week. That’s why I use technical analysis (TA) to help time buys. It […]
The Market Is Setting Up For A Run At The January Highs

The Market Is Setting Up For A Run At The January Highs

Based on the chart below, it looks like the market is setting up for a run at the January highs. There is still plenty to worry about, but the issues have flushed out the excessive bullishness. The market feels so strong today, and maybe I getting swept up in the enthusiasm. But with the Nasdaq […]
SPY Is Still About 3.5% Beneath Its Lifetime Highs

SPY Is Still About 3.5% Beneath Its Lifetime Highs

It was nine very, very long years ago that we reached an important milestone in the history of the market: the fabled “666” bottom of the S&P 500. It had seemed a month ago that the jig was up, but nope, the market just keeps shoving higher. The favorite issues seem to be those with price/earnings ratios in the […]
Indicators Pointing To Continued Growth

Indicators Pointing To Continued Growth

“Davidson” submits: The employment reports have again positively surprised forecasters. The Household Survey rose by 785,000. Light Weight Vehicle sales continue to hold at appropriate levels for continued economic expansion. During the early stages of economic recovery, vehicle sales are one of the first indications a new uptrend has begun. Employment follows. Later vehicle sales […]
People Are Going Backwards Here – The Jobs Report

People Are Going Backwards Here – The Jobs Report

Audio Length: 00:12:15 Gold is down on the week, and so is Bitcoin. But the big news this morning is the US jobs report, which shows—on the surface—strong growth. But Eric Sprott says, once again, things aren’t as rosy as they seem. “By far, the majority of the jobs are part-time. Who knows what part-time […]