The longest bull market in U.S. stock market history abruptly came to an end last month. Between March 9, 2009 and February 19, 2020 – that is, 131 months – the S&P 500 large cap index rallied 401 percent, second … Continued
The financial accounts of the U.S. for 2Q17 was published last Thursday. Better known as the Z.1 report, the massive quarterly publication contains tons of useful data – thus highly recommended. The seven charts below try to highlight where things … Continued
With all the hand-wringing over whether or not the August lows will hold, this is the least of bulls’ worries. Bigger challenges probably lie ahead. Of the big four – the S&P 500 index, the Dow Industrials, the Nasdaq composite, … Continued
We are in uncharted territory! On so many levels. As you will see in the charts below, many valuation metrics are stretched. The nation’s debt load just rose to a new high. At 1Q15, the total credit market debt outstanding … Continued
Sideways move in stocks – just a pause or sign of fatigue after six-year run? Several different measures point to gradual buildup in complacency over the years Human nature not to want to leave party early, which is fine unless … Continued
Draghi finally delivers, igniting a global rally in stocks Here in U.S., sustainability in doubt unless stocks attract some of that money U.S. households not likely to be source of funds as money market funds lower than pre-crisis As expected, … Continued