Your response to our Ukrainian relief message has been extraordinary!! It appears that we will at least hit $75,000, with a decent shot at approaching my $100,000 “stretch” goal. A few of you even took my suggestion and donated appreciated stock. In that regard, included below is a receipt… Read More
Send In The Drones Is this just a bear market rally? Or is the stock market poised for a further rebound? In my view, the correct answer is contingent on the ceasefire talks between Ukraine and Russia. While acknowledging the usual fog of war, and what does to informational reliability,… Read More
Below is a re-send of this message, which originally posted yesterday but has since been updated to include the correct donation link. Thank you all. ——– We are interrupting our normal Bubble 3.0 publication sequence to convey an extremely important message. We will resume publishing Bubble 3.0 on Friday with… Read More
There are times when it’s relatively easy to be an investor. This is definitely not one of them! For years, it was possible to just sit back and ride the market’s rising tide caused by nearly endless liquidity infusions from the Fed and the other leading central banks. Those days… Read More
Will the nightmares ever stop? After two years of coping with a global pandemic, humanity is now faced with images of Russian attacks on an operating nuclear facility. V. Putin’s not-very-veiled threats to use nuclear weapons only intensify the Kafkaesque conditions. In last week’s note, I stated that the odd… Read More
The tanks roll, oil rolls over, and tech roars back! This is not exactly what a rational investor would have expected in the event of a multi-front invasion of Ukraine with Kyiv already under siege. Perhaps this odd reaction is a function of the feather-light wrist-slap the West has administered to… Read More
Another week, another tech wreck. For growth investors, the echoes with 2000 are becoming deafening. Battered high P/E stocks, which were down 50% in many cases as of a few weeks ago, just keep on taking a licking. Yes, they’re still ticking—as in, ticking lower… and lower… and lower. During… Read More
The US economy is on course to undergo two major transitions this year. First, interest rates will go up as the Federal Reserve tightens monetary policy. Second, economic conditions will get more volatile, as the government and the Fed cut back their stabilizing interventions and the private sector resumes prime responsibility for capital allocation. Read More
Do you ever wonder how we got into this mess? By that I mean the situation where the Fed has printed itself into the tightest of corners, caught between an inflation problem, largely of its own making, and an inability to raise interest rates high enough to fight torrid CPI… Read More
As I hope all EVA Positioning Recommendation (PR) recipients are aware, our normal Evergreen Virtual Advisor newsletters are being switched out for the publication of my book “Bubble 3.0” via the increasingly popular financial social media service, Substack. If for some reason you are not getting the email links to… Read More
