— Record market highs we are experiencing relate more to capitalization weighted indices than strength in the average stock composing those indices — Tear apart the numbers and the results show we have been in a significant downturn in the simple average stock since February 2021 — “Aren’t you worried? The market just keeps going up and up!”…
Tag: bonds
“Americans Can’t Get Enough of the Stock Market”–Big Problem?
This is the kind of headline that makes a contrarian want to hit the exits–When everybody’s in who will be left to buy? The stats and interview commentary that accompany this headline from a prominent financial daily are pretty scary too given a lack of historical perspective. We provide the prospective to quell the nail-biting. “Bull…
The Death TINA (There Is No Alternative)
Wait a minute! The reports of TINA’s demise may be greatly exaggerated. If the acronym TINA is not part of your daily vocabulary, I can understand. The concept of “there is no alternative” is a term some market savants have used to explain the market’s strength over the past few years. There is no alternative to…
The Mob and The Market
–Unthinkable events … the market sails right through –Balancing changing politics, insurrection and asset allocation –Potential flies in the ointment—Interest Rates, Taxes and Inflation –The VIX provides a clue on market sentiment and direction Protest, insurrection and the market What is depicted in my opening image is civil disobedience, rightful protest to redress grievances. What…