General

Below are Evergreen Gavekal's Likes/Dislikes for July 24, 2020. Read More

Alan Greenspan attracted considerable scorn back in late 1996. This was when he warned, as a few old-timers like me may recall, that the US stock market was caught up in what he called: “irrational exuberance”. Read More

Below are Evergreen Gavekal's Likes/Dislikes for July 17, 2020. Read More

Below are Evergreen Gavekal's Likes/Dislikes for July 10, 2020. Read More

Long-time EVA readers may recall the legendary John Mauldin was my inspiration for starting this newsletter back during the housing bubble days of 2005.  In fact, the inaugural EVA edition was almost exactly 15 years, and about $15 trillion of Federal debt, ago. Read More

After a cataclysmic hiccup in March, markets rebounded with a vengeance in the second quarter of 2020. In fact, the Dow closed out its best quarter since 1987 on Tuesday, while the S&P and Nasdaq had their best quarters since the late-1990s. Read More

Below are Evergreen Gavekal's Likes/Dislikes for July 3, 2020. Read More

In December 2017, Evergreen ran three consecutive newsletters on that period's investment zeitgeist: an uncontrollable, insatiable, and undeniable appetite for risk. This enthusiasm for risk manifested itself in an other-worldly rise in some of the planet’s most speculative assets. Read More

Below are Evergreen Gavekal's Likes/Dislikes for June 26, 2020. Read More

Reputations are hard to shake, even those that are unfairly attributed.  In my case, this was a function of my frequent warnings that stocks were overpriced for most of the second half of the former 10-year bull market. Read More