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In honor of our ongoing bear market rally – which appears to be getting a bit long in the tooth to say the least – I thought we should channel the wisdom and charisma of the legendary Peter Tomarken. You may remember Peter as the host of classic 80’s game show Press Your Luck. In […]
We’ve been discussing market and societal cycles in great detail recently, as we try to uncover clues as to how this current mess is going to continue to unfold. History may not always repeat, but to quote Mark Twain, it certainly rhymes. I have little doubt that we are now in a secular bear market […]
Nice video on CNBC featuring economist David Rosenberg…I really enjoyed his insights here, and would highly recommend a watch of this piece. Rosenberg believes this recent rally has priced in good news up until 2011 or 2012…and thinks 650 is a generous fair value for the S&P based on current fundamentals. He also thinks the […]
Welcome back from the long weekend – I hope you had a great 4th celebration. Even us folks who are not so keen on the Federal Government can appreciate many of the founding values of our country…despite how frustrated it is when Constitution seems to be a forgotten document…in a world where “whatever it takes” […]
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