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Risk Premia Forecasts | 2 April 2015

The expected risk premium for the Global Market Index (GMI) slipped in the March estimate. GMI — an unmanaged, market-value weighted mix of …

If Anyone Doubts That We Are In A Stock Market Bubble, Show Them This Article

The higher financial markets rise, the harder they fall.  By any objective measurement, the stock market is currently well into bubble territory.

Which Way Mr. Market?

By Lance Roberts A few weeks ago I discussed the importance of price momentum as an important component of portfolio management particularly in the late …

I’m Raising The Caution Flag On The U.S. Economy

Analysts and investors cheered when the U.S.

Once More Into The Breach On Wages And Income Since The Great Recession

Two articles were posted elsewhere this morning discussing wages and income during this expansion. Both have misleading aspects to a lesser or greater …

Easy Money Policy And The Bull Market In ‘Passive’ Investment

Summary Global central bank policies have helped create conditions under which the complacent can exist and thrive. Markets have responded to ample liquidity …

Financial Stress Is Rising – Time To Worry?

Summary Measures of credit stress are rising which historically spells trouble for stocks. Most pronounced pickup in stress is in junk bonds.

Ben Bernanke’s Apologia for the Fed

     ​ inSha      Bernanke’s First Blog Post By now it has probably made the rounds that Ben Bernanke has joined …

The US Has Become a “Nursing Home” Economy

  ​             Victims of Demography The key feature of age is that it happens no matter what …

Really…Quantitative Easing in China?

To be sure, the current stock market seems to have little memory from one day to the next. This is evidenced by the …

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