Deflation is back on the front burner and it’s going to destroy all of the careful central planning and related market manipulation of the past 6 years. Clear signs from the periphery indicate that a destructive deflationary pulse has been unleashed. Tanking commodity prices are confirming that idea. Whole groups of enterprises involved in mining…
The last time crude dipped as fast and as sharp as it has this year was in the 2008-2009 financial crisis. But, the silver lining in that dip is that investors who bought shares of this ETF that tracks master limited partnerships tripled their investment. Tim Plaehn shows you why now is the best time…
There are a number of great companies in the market today. By using the ModernGraham Valuation Model, I’ve selected the five most undervalued Dow stocks reviewed by ModernGraham which are suitable for the Defensive Investor or the Enterprising Investor according to the ModernGraham approach. This is a sample of the types of screens included in ModernGraham Stocks & Screens,…
The discount on CEF is remarkable. The gold to silver ratio is quite high. Both metals are oversold. If the precious metals rebound silver will have quite a bit of catching up to do, and will likely outperform to the upside as they have outperformed to the downside. Beta giveth, and beta taketh away. Silver has done…
Photo Credit: Ed Schipul (Flickr) Question: Why are there so many mutual funds? Answer: Mutual fund providers tend to make lots of money on each fund so they create more products to sell. The large number of mutual funds has little to do with serving investors’ best interests. Below are three red flags investors can…
“Davidson” submits: The two major monitors of economic activity which I find most helpful in a long term investment approach are the trends of housing markets and the trends of employment. The Housing Market Index(Chart 1: HMI) and Monthly Supply of New Homes for Sale (Chart 2: Monthly Supply of New Homes for Sale) continue to…
Gold is jumping after the overnight double flash-crash…testing back towards $1100… Bitcoin is back up to pre-“Greece is Fixed” levels… Charts: Bloomberg and Bitcoinwisdom
Over the past week most of my core market health indicators fell. Most notable is my measures of the economy which have gone negative. As a result, the core portfolios are adding a larger hedge or raising cash. Below are the current core portfolio allocations. Long / Cash: Long 40% – Cash 60% Long /…
Why Stock Markets Are Not an Indicator of the Economy In a free unhampered market economy based on a sound monetary system – this is to say a market-chosen monetary system with a free banking industry and no central planning institution that is manipulating interest rates and determining the size of the money supply – the gains…
The year-over-year rate of growth of the US Coincident Index declined marginally. A comparison of US Coincident Index, Aruoba-Diebold-Scotti business conditions index, Conference Board’s Coincident Index, ECRI’s USCI (U.S. Coincident Index), and Chicago Fed National Activity Index (CFNAI) coincident indicators follows. In general, most coincident indices are showing constant to declining rate of growth. Economic…
