Tag Archives: stagflation
Truth Shall Prevail
Year-to-date the S&P 500 is down 5.9 percent. Over this same time, the NASDAQ is down over 10 percent. Should you buy the dip? Should you sell the bounce? Continue reading
Double Nickels on the Dime
Lost in the election year noise and the zealous pursuit of World War III is one overarching fact. The USA is rapidly going broke. And no one can stop it. Continue reading
This Recession Won’t Stop It
One solution to inflation is a recession. An economic downturn where people lose their jobs and are forced to tighten their belts would reduce demand for goods and services. This could slow the rate of consumer price inflation. It may even lead to deflation. Continue reading
This Inflation Script Won’t Last
The Shiller’s cyclically adjusted price-to-earnings (CAPE) ratio for the S&P 500 is currently 34.66. This is representative of a stock market that has lost all touch with reality. It even exceeds the 31.48 CAPE ratio hit in 1929, just before the stock market crashed and the onset of the Great Depression. Continue reading
