Tag: economics
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Why Capitalism Might Not be the Future

There’s a famous story of a Russian diplomat in the Cold War era who visited an American city. In Russia, bread lines were a daily occurrence. People waiting in line (not working and producing) for bread and food stuffs. When the diplomat visited the American city and saw there was bread on every shelf, he…
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Recipe for a Market Crash

Earnings season is upon us and a diabolical mash of market conditions is converging to make it an interesting one. Let’s get cooking. Ingredients: Two tablespoons of rising stock prices One cup rising price to earnings ratios One cup falling dividend yields 2 cups falling earnings estimates A dash of slowing global growth One scoop…
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Quick Thoughts on Markets: May 24

Quick thoughts on where markets will be/are: Multiple expansion thru 2019; bull market to continue or trade sideways with lower earnings estimates, lower guidance. P/E forward and trailing, P/S, P/CapEx, all rising thru 2019 Small cap debt expansion as small business owners feel more wealthy when tax season comes around in 2019, combined with rising…

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