Posts Tagged
‘GDP’

This year’s third quarter was unproductive for investment assets. Domestic stock markets were mixed, with the S&P 500 fractionally positive but the Dow Jones Industrials, Nasdaq and the New York Stock Exchange Index all negative. Risk-free Treasury Bills continue to pay virtually nothing. Bloomberg’s U.S. Aggregate Bond Index was also essentially flat and remains negative [...]

-The Good, The Bad and The Ugly- This graph highlights the stark dichotomy between what investors view as “good” and “bad” on the current investment landscape. The tan line traces the cumulative growth of the S&P 500 over the past half century. Most noteworthy is the explosive growth in the nearly dozen years since the [...]

Investors continue to face a serious quandary: How to proceed with historically overvalued equity markets, worldwide economic malaise, minimal interest rates and a Fed seemingly committed to eliminating any danger of significant loss to either stocks or bonds? Throw in a highly acrimonious political scene with questions on both left and right about whether the [...]

For several years, investors have wrestled with a profound dilemma. With Federal Reserve and other substantial government stimulus, stock prices have risen to and remained at valuation levels that have, throughout history, ultimately been severely punished. As the years rolled on and the Fed consistently provided one sort of stimulus or another whenever stocks appeared [...]