Tag Archives: cape ratio

Expect the Unexpected in 2025

Sometimes things don’t always go according to plan. An unexpected car repair can blow the monthly budget. A lingering illness can delay completing a big project. Continue reading

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Flying on a Wing and a Prayer

The main essence, as we understand it, is that over the last 18 months the Federal Reserve has reduced its balance sheet by nearly $1 trillion. With less Fed credit available, market interest rates must go higher. As interest rates go up, asset prices (stocks, bonds, and real estate) will eventually go down. Continue reading

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