In this month’s report, we will deliver another “dose of reality,” even as the equity markets are rebounding from this month’s sell-off. But questions abound as to the durability of this or any other rally as we head into headwinds of uncertainty.
Last week, Susan Rose from WBEN radio interviewed me and one of the questions she asked me was: “What do you think are the greatest risks investors are faced with today?” My answer: “It’s the tug-of-war between the forces of inflation (as represented by the Federal Reserve’s money printing activities) and deflation (evidence by the [...]
This morning stock futures are rising as steps are being taken to reopen parts of the global economy. In addition, Japan has announced it will engage in further “unlimited’ bond buying/money printing. For the past decade, the US has been following Japan’s lead in this policy of massively expanding the money supply. We have to [...]
First and foremost, our hearts go out to the victims of this horrible tragedy. There is no model or quantitative analysis that can begin to measure the pain and suffering being experienced across the globe. It’s was very difficult to sit down this weekend to compose an investment newsletter at a time when, for many, [...]