General

“The government’s share of the economy will continue to rise.  The more government is involved in the economy, the less productive and efficient the economy becomes.”  Long-time Barron’s Roundtable member, Felix Zulauf. “I can almost hear Milton Friedman shouting ‘look out, here it comes’!  Can it work out differently? Of course.  Is that the way to bet?  No, it’s not.”  Bond manager extraordinaire Dan Fuss, referring to inflation. “No, it’s strictly a temporary measure.” Former Fed chairman Ben Bernanke, when asked in April 2009, if the Fed intended to maintain its quantitative easing policies.  Read More

“Bonds are not the place to be these days. Can you believe that the income recently from a 10-year Treasury bond – the yield was 0.93% at yearend – had fallen 94% from the 15.8% yield available in September 1981?” -Warren Buffet, CEO Berkshire… Read More

“The pharmaceutical industry is the biggest bunch of crooks in this country.” Senator Bernie Sanders “All crises have involved debt that, in one fashion or another, has become dangerously out of scale in relation to the underlying means of payment.”  John Kenneth Galbraith “It is hard to imagine a more stupid or dangerous way of making decisions than by putting those decisions in the hands of people who pay no price for being wrong.” Thomas Sowel Read More

Below are Evergreen Gavekal's Likes/Dislikes for March, 5th, 2021 EVA.  Read More

Below are Evergreen Gavekal's Likes/Dislikes for February 26, 2021. Read More

"When all the experts and forecasts agree—something else is going to happen.” – Venerated market strategist, Bob Farrell. Read More

One of the early stories of 2021 has been the rapid ascent of bitcoin into the mainstream. Most notably, Tesla reported that it had purchased $1.5 billion worth of the cryptocurrency in January, with plans to accept it as a form of payment in the not-too-distant future. Read More

Below are Evergreen Gavekal's Likes/Dislikes for February 19, 2021. Read More

Below are Evergreen Gavekal's Likes/Dislikes for February 12, 2021. Read More

Until recently, the concept of taking someone or something viral was mostly reserved for content creators and influencers on platforms such as YouTube, TikTok, Twitter, Instagram, etc. However, last month, the phenomenon took on new life, as millions of users on Reddit and Discord effectively took this playbook to the stock market. Read More