Latest News

Image source: Wikimedia Commons

Are Current Stock Prices Reasonable?

Valuations continue to reach new highs, and the market looks very expensive-by some measures, the third highest of all time after 1929 and 1999. Meanwhile, the economy is showing signs of slowing. I have made my own views about what […]

How Will The Empire End?

How Will The Empire End?

It was back in the early 1800’s that the Brits left the sodden, miserable shores of their murky island, grabbed their trumpets, tucked their trousers into the socks, and began conquering the world with the cunning use of flags. Morgan Stanley: […]