Aug 8, 2011 | Inflation/Deflation, Investment Process, Portfolio Management, Valuation
The S&P 500 peaked this year on May 2nd at 1371 (intraday). The current selloff began on July 7th just slightly lower at 1356 (again, intraday). From the close on July 7th through today’s close (August 8th), the S&P 500 (as measured by the SPDR S&P...
Jun 1, 2010 | Economics, Inflation/Deflation
While the increasing role of transfer payments to shore up personal income and stabilize consumer spending has long been recognized by the more circumspect economic observers throughout the recent recession and “recovery,” the observation has now gone main...
Mar 17, 2010 | Economics, Inflation/Deflation
On Monday, a bipartisan group of 130 members of the U.S. House of Representatives sent a letter to Treasury Secretary Timothy Geithner and Commerce Secretary Gary Locke urging the agencies to use “all available resources” to end what they view as damaging currency...
Dec 31, 2009 | Economics, Inflation/Deflation, Valuation
Yesterday’s Financial Times featured an analysis by Lindsay Whipp titled “A gloomy anniversary for the Nikkei.” Most investors already know the punchline: The Nikkei, Japan’s primary stock market index, reached a peak of 39,000 twenty years...