Market Update – Only Two Other Times in History

highest paying online casino uk The rally that began around Christmas Eve continued with strength through last week.

online casino usa bonus no deposit It’s been such a strong rally that U.S. large company stocks (as measured by the S&P 500 index) even eclipsed the prior record high from last September…admittedly, an event of which I was skeptical.

casino slot machine online spielen kostenlos Specifically, on September 21st the S&P 500 set a new intra-day high at $2,940.91. However, last Wednesday the S&P 500 touched $2,954.13 before closing down to $2,923.17. As I write this commentary on May 6th, the S&P 500 is trading around $2,910.

online poker no deposit bonus 2019 Now, unfortunately, the S&P 500 was the only major index to set a new high. U.S. small company stocks (Russell 2000) are still down over 8% from their August 31st record. The global stock market more broadly, including foreign developed and emerging markets (MSCI All Cap World Index), is still down over 6% from it’s all-time high set almost 16 months ago on January 26th, 2018. Yes, the global stock market is still technically in a bear market.

online casino paypal accept Here is the interesting part, when reviewing one of the most reliable valuations metrics available from John Hussman, we find that the U.S. stock market has experienced current extremes only two other times in history (1) 1929: on the eve of the Great Depression and (2) 2000 – on the eve of the Dot Com Bubble burst. Neither of those events ended well, and I don’t expect the current dislocation to end well either. Continue reading “Market Update – Only Two Other Times in History”

Quarterly Market Update: Diversification Bites

online casino app iphone I’ve provided you with performance of various asset classes around the world for both the third quarter and year-to-date to give you a sense of how global markets are performing. I’ve sorted the list by Year-To-Date returns going from lowest to highest.

casino online sin deposito inicial españa What do you notice? Continue reading “Quarterly Market Update: Diversification Bites”

Drivers of Return Since 1982 and What That Means for the Market Over The Next 10 Years

heart of vegas casino free slots I came across an interesting analysis in Dr. John Hussman’s recent commentary that I’d like to briefly share.

slots era - free casino slot machines In the commentary he talks about the primary driver of market returns throughout the various cycles since 1982. It’s very important to understand this if you want to understand the potential return outcomes for the duration of the market cycle… casino slots of vegas emphasis mine Continue reading “Drivers of Return Since 1982 and What That Means for the Market Over The Next 10 Years”

This Has Never Happened Before. The MOST Extreme Stock Market Valuations In History

jackpot party casino slots review slots gratis Executive Summary

  • Over the last month, U.S. stock market valuations, using the most historicallyreliable measures, have become the highest they’ve ever been. Ever.
  • Based on current valuations, the next bear market in stocks may result in losses exceeding 60% from the ultimate top.
  • The next decline will be painful for most investors as every bear market tends to be but particularly problematic for folks nearing retirement and those already retired. All their retirement plans may be in jeopardy if they do not take steps to adequately protect their wealth and  slots garden casino free spins preserve their financial independence first and foremost!
  • There is hope for disciplined investors who understand the difference between a marathon and a sprint! For those investors, the next bear market may provide many attractive, sustainable, and sound investment opportunities at much cheaper valuations.

english harbour casino free slots Continue reading “This Has Never Happened Before. The MOST Extreme Stock Market Valuations In History”