What You Don't See at Market Bottoms: Retail Stampede Edition
It is said that while bottoms are events, tops are processes. Translated, markets bottom out when panic sets in; therefore, they can be more easily...
94 Views
Modeling Trump's Trade Wars
As the market looks ahead in 2018, the global economy appears to be undergoing a synchronized upturn. Our base-case scenario still calls for an...
157 Views
Should You Be Worried About an Elevated Shiller P/E?
In our discussions with investors, the Cyclically Adjusted P/E (CAPE), or Shiller P/E, has come up numerous times as a risk for the U.S. stock...
116 Views
Republican Tax Cuts Will Cause Deficits to Balloon, and Bonds to Sell off Dramatically in 2018
-Soaring ISM (PMI 58.2; new orders 64) point to a sharply strengthening US economy in 1H 2018, with scant remaining slack in the labour market. The...
191 Views
Things You Don't See At Market Bottoms: Rational Exuberance
It is said that while bottoms are events, tops are processes. Translated, markets bottom out when panic sets in; therefore, they can be more easily...
109 Views