It’s Expensive So Let’s Buy More!

Can a stock market rally built more on Price Earnings (PE) ratio expansion and low bond yields, rather than on earnings growth, be sustained? This question highlights a precarious state of affairs and helps to explain the market’s recent ups and downs. While the major...

Market and Election Update

Before Tuesday, November 9th, almost all indicators pointed toward a Hillary Clinton victory and Democratic control of the US Senate. However, that did not happen. Now that the election is behind us, it’s time to start looking at which segments of the economy and...

Problems in Plain Sight

The U.S. and most developed countries are facing a host of unusual problems which seem to be dragging on without resolve. Here is a quick rundown of my top four: Stagnant Economy: To boost consumer spending after the 2008 market crash as the “Great...