Minus 43.8% To S&P 500 Fair Value
On My Radar: Minus 43.8% Correction To Fair Value by Stephen Blumenthal “Rule #3: There are no new eras – … Read more
On My Radar: Minus 43.8% Correction To Fair Value by Stephen Blumenthal “Rule #3: There are no new eras – … Read more
“The deflationary period we’ve been in has come to an end.” – Louis-Vincent Gave, Founding Partner & CEO, Gavekal Research … Read more
“Volatility fires almost always begin in the debt markets… Volatility is the brother of credit… and volatility regime shifts are … Read more
“We are replaying an age-old storyline of financial bubbles that has been played many times before…” “This market’s current temperament … Read more
“An error does not become truth by reason of multiplied propagation, nor does truth become error because nobody sees it.” … Read more
“For the first time in a very long time, there’s reason to be optimistic about fundamentals gaining enough traction to … Read more
“Happiness is not something readymade. It comes from your own actions.” Dalai Lama Whatever business you might be in, you’ll … Read more
“Anyone who started investing after 1981 has never experienced a bear market in Treasuries. But with short-end Treasury yields now … Read more
“And then at the end of the day, the most important thing is how good you are at risk control. … Read more
“I don’t believe that I am the only person who cannot predict future prices. No one consistently can predict anything, … Read more
“BIS [Bank of International Settlements] research suggests that the ups and downs of the dollar – and the cycle of … Read more
“For when the One Great Scorer comes To mark against your name, He writes — not that you won or … Read more
“Earnings don’t move the overall market; it’s the Federal Reserve Board… Focus on the central banks and focus on the … Read more
We think the main attribute of the next crisis will be severe liquidity disruptions resulting from market developments since the … Read more
“It isn’t what’s in my head that’s most valuable, although I did learn a lot along the way; it’s knowing … Read more