Greetings, EVA and “Bubble 3.0” readers! Thank you for your continuing interest in this project. Based on the flood of new impressions that have been generated, it does seem like the subject matter is of interest to a broad audience. That has certainly been my hope but I’m gratified to… Read More
The Most Dangerous Chart on Wall Street? Yes, I admit it. The following image doesn’t look very scary–especially not compared with many of the market valuation charts such as the one immediately below it showing the towering price-to-sales ratio for the S&P–but please allow me to explain my reasoning. … Read More
“I’m being modest when I say I’m the world’s greatest day trader. My unlimited money has upgraded to infinity money. There’s nobody who can argue that Warren Buffett is better at the stock market than I am right now. I’m better than he is. That’s a fact.” David “Davey… Read More
The main reason for this additional introduction to Bubble 3.0 is that you’ll quickly notice it’s Chapter 10, not 2. Last Friday, I pointed out we’ll be pulling some chapters forward periodically when we feel there is a pressing reason to do so. In this case, it’s the accelerating meltdown… Read More
Quote: “When enterprise becomes the bubble on a whirlpool of speculation… (and) when the stock market takes on the attitude of a casino, the job (of capitalism) is likely to be ill-done.” John Maynard Keynes “Everybody tries to compare this with ’99. That was a bubble in technology… but it… Read More
There may be no more well-known financial personality right now than Jim Cramer. With his high-pitched voice, his gatling gun verbal delivery, his frantic arm waving, and his uncanny Vladimir Lenin look-a-like looks, his extraordinary successful career on CNBC is more than a little perplexing. One could quip that he… Read More
They say patience is its own reward but when it comes to investors who display tenacity, resolve, conviction, or just plain stubbornness, it’s nice to get a bit of a monetary remuneration from time to time. As far as the miners of precious metals are concerned, there’s been precious little… Read More
Was that it? Was that the long-feared correction in the equity market and especially growth stocks? Was that just one more chance to “buy the dip” (often, with a colorful adjective added between “the” and “dip”.) In my view, a yes response is possible but not probable, despite the bounce-back… Read More
In this edition of Evergreen Chartbook, we will provide our economic outlook for 2022, along with our views on how to position portfolios. Read More
Positioning Recommendations – January 7th, 2022 Read More
