CAPE – A Peak Above All Others
“Valuations are still well below the peak of 1999” say the bulls. They are certainly correct from an absolute basis … Read more
Michael Lebowitz
Salt, Wampum, Benjamins – Is Bitcoin Next
Currency was first developed about 4000 years ago. Its genius was in the ability to supplant barter thus greatly improving … Read more
Real Added Value – An Indicator Of Peril
Thanks to Jesse Felder, we recently stumbled upon a measure of economic conditions that has reliably signaled every recession since … Read more
22 Troublesome Facts
Below are 22 realities to explain why 720Global does not recommend following the herd. Passive Assets To Cool As QE … Read more
High Yield IED
“What we’re seeing is an increase in the evolutionary pace of IED (improvised explosive device) design. It’s increasing at a … Read more
Decoding Yellen’s Message
“I know you think you understand what you thought I said but I’m not sure you realize that what you … Read more
The Fed’s Definition Of Price Stability Is Likely Different Than Yours
The Federal Reserve Act, as mandated by Congress, established a dual mandate of price stability and maximizing employment to guide … Read more
Clarity Or Confusion
“Are you kidding? Are you kidding? No one knows what you’re doing.” – Economist John Taylor in response to William … Read more
The Fog Of Markets
“The year 1915 was fated to be disastrous to the cause of the Allies and to the whole world. By … Read more
The Risk Spectrum
“Cause when life looks like Easy Street, there is danger at your door” – Grateful Dead On numerous occasions, we … Read more
Face Off: Stocks vs. Bonds And The Economic Outlook
There is a healthy debate between those who work in fixed-income markets and those in the equity markets about who … Read more
Clouds On The Horizon: Range Chart Update
On March 10, 2017, 720Global introduced the Trump Range Chart. Developed to see several different markets on one page, this … Read more
The Animated Virtuous Cycle
Our name, 720Global, is meant to evoke an image of two overlapping individual circles (2 x 360°) in the reader’s … Read more
Putting Risk And Reward Into Perspective
“The individual investor should act consistently as an investor and not as a speculator.” – Ben Graham. We are frequently … Read more
Volatility: A Misleading Measure Of Risk
“History has not dealt kindly with the aftermath of protracted periods of low risk premiums” – Alan Greenspan The ability … Read more