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
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
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
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
