Monthly Archives: December 2013

2014 Reality Returns

For investors, 2013 was a year like no other. Relentless one way market trends and yet confusion at the same time. Here are three examples of economic phenomena that are hard to reconcile: 1.How can the US stock markets rally … Continue reading

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The Coming Retreat In Corporate Earnings

John Hussman shows why US corporate earnings are now experiencing significant downward pressure, at a time when expected long term returns on US equities are already very poor. http://www.hussmanfunds.com/wmc/wmc131216.htm

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Financial Warfare

2013 was the year where trend dominated to the exclusion of everything else. Factoring in fundamentals was likely more a hindrance rather than a help. In fact it has been some time since fundamentals like valuation and underlying economic health … Continue reading

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The Inform Act, Basic US Accounting Honesty

The Inform Act is perhaps the most widely supported bill the economics profession has ever produced. 1000 economists including 15 Nobel Prize winning economists. Here is the Act and who supports it: http://www.theinformact.org/ Remarkably, this has not even been covered … Continue reading

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