Cyclicality of Profit Margins and Why Most Common Valuation Metrics Are Unreliable
Often in the past I’ve discussed current market valuations and [...]
Wild Ride So Far in 2020
The S&P 500 just logged one of its worst quarters [...]
A Quick Review of Fundamentals
I just wanted to take a moment to provide some [...]
BREAKING: The NBER Officially Declares Recession Ending the Longest Expansion in History
Well, it’s official. The body responsible for maintaining a chronology [...]
Deflation or Inflation?
A question I’ve received frequently the last couple months from [...]
A Quick Note on Unemployment and a Silver Lining?
Yesterday we received the worst employment report in history. But [...]
2020 is the “Anti-1980”
2020 is the “Anti-1980” or as Seinfeld might say, the [...]
Huge Employment Report and Video Follow Up
This morning we learned that the November employment report was [...]
The Fed Cuts Rates for a Third Time…And Zombies
Yesterday, the Federal Reserve confirmed the market’s expectations and announced [...]
Final Shoe Drops
Back in February, I summarized a few potential recession signals. [...]
