The U.S.

July 29, 2016

/ /
Posted By
/
Comment0
/
Market Summary We are bullish on the U.S. market for the next few weeks, and suggest buying on dips in August.  Although the market is not cheap, the U.S. is a haven for money leaving Europe because of Brexit and...
Read More →

July 21, 2016

/ /
Posted By
/
Comment0
/
Categories
With Good Earnings Growth, U.S. Stocks Will Be In Demand Earnings season is getting underway, and is already producing positive results.  Good earnings will ensure that the psychology surrounding the U.S. market remains positive.  With earnings providing a positive backdrop,...
Read More →

July 14, 2016

/ /
Posted By
/
Comment0
/
Categories,
Reaching the Top of the Wall of Worry Source:  Bloomberg   As we head into the June earnings season, the S&P 500 has finally rallied above the all-time high set in May of last year. In our letter on June...
Read More →

July 07, 2016

Market Summary The Brexit vote and the rise of anti-E.U. parties in Europe show that big changes are underway. Europe The coming changes will be more pronounced in Europe than in the U.K., although the U.K. will also suffer volatility...
Read More →

May 26, 2016

/ /
Posted By
/
Comment0
/
Executive Summary 1.  Ordinary people aren’t very ordinary.  Professor Deirdre McCloskey’s recent piece in The Wall Street Journal got us thinking about the roots of western prosperity — and suggested that current nervousness about populist movements around the globe may...
Read More →

May 13, 2016

Executive Summary 1. Critically important to your investments:  popular revolts against corruption around the world.  This trend will last for decades, and upset many of the patterns we think we know.  Corruption and cronyism have existed throughout human history, and...
Read More →

April 21, 2016

/ /
Posted By
/
Comment0
/
Categories
Market Summary  Market summary.  The U.S. Dollar moving sideways remains a positive longer-term for U.S. stocks in beaten-down industries, gold, oil, and industrial company shares.  We expect that the U.S. market will move upward, but at any time it may...
Read More →

April 01, 2016

When Too Much News Can Confuse 1.  GDP grew by 2.4 percent in 2015 — ignore flawed data, including GDPNow. Fourth-quarter 2015 GDP growth for the U.S. was just revised up to 1.4 percent annualized from an initial reading of...
Read More →

March 24, 2016

/ /
Posted By
/
Comment0
/
Economic Momentum Will Support Housing in 2016 Between its peak in July, 2006, and its bottom in March, 2012, the Case-Shiller home price index, which aggregates data from 20 metropolitan areas in the U.S., registered a drop of more than...
Read More →

March 11, 2016

/ /
Posted By
/
Comment0
/
Categories,
No, Chicken Little, the sky ain’t falling Data continue to come in showing that fears of a U.S. recession are groundless — good GDP growth, good job growth, continued improvement in labor force participation, improvement in “underemployment” (when workers want...
Read More →
Privacy PolicySEC Filing / ADVLegal Notice/DisclaimerPolicy for Global Market Commentary Subscribers