Right after I posted “Long Bonds Enter The Blowoff Stage,” Jeff Gundlach expressed some similar concerns to those I shared in that post: Jeff “Bond King” Gundlach: If you’re buying long…
Back in late-2014 I first proposed the idea of a blowoff surge higher in the long bond. At the time, many were very negative toward bonds and expected higher interest…
The most notable thing to come out of Janet Yellen’s Humphrey Hawkins testimony to Congress this week was the Fed’s warning on stock market valuations. Bloomberg reports: The central bank said…
I recently detailed why using the ‘Fed Model‘ to buy stocks has never been more dangerous. In this post, I want to demonstrate another method that shows why stocks aren’t…
Last week the Wall Street Journal reported: After a long hiatus, George Soros has returned to trading, lured by opportunities to profit from what he sees as coming economic troubles. Worried about the…
Many investors are pointing to low interest rates today as a way to justify soaring equity valuations. Certainly, investors have felt the need to go out on the risk curve…
Most people have a hard time thinking about risk. They usually just take their recent experience and extrapolate it out indefinitely into the future: ‘Stocks have gone up over the…
It’s hard to take the Fed at their word and believe they are truly “data-dependent.” The data has made the case for a normalization of interest rate policy for a…
Jeremy Siegel, of Stocks For The Long Run fame, was on CNBC this morning: “I think we’re in the first inning of shifting to dividend-paying stocks,” the finance professor at…
“Bull markets are born on pessimism, grow on skepticism, mature on optimism and die on euphoria.” -Sir John Templeton I’m a huge fan of John Templeton. He was one of…
