Conventional wisdom, the Buffett Indicator puts us roughly where we were in 2000. Eerily similar, we’d say, with tech stocks driving the market.
Will the ‘Big 5’ see an August lull? That’s pretty unlikely, as earnings roll in to reinforce the run-up in valuation. Still, is the sky the limit? What about the broader market?
A permanent bull? With this economic report in hand? The largest ever quarterly decline in GDP … by a long shot. Fed and Congressional stimulus have propped it up, what’s left in the tank?
What's Next?
Washington’s market? If you don’t think so, just look at this. Stimulus vs. GDP is off the charts globally … we’re not alone, and that’s scary, too!
The enigmatic markets as depicted over the long haul from 1996. With Covid impacts, think it’s enigmatic?
An eerie market equilibrium seems destined to go only one way given the explosion in fiat currency globally.
Coronavirus second wave…is it real, or just the first wave continued? One thing is certain, we have lost the handle in a way other, developed countries have not.
Which direction now?
The major indices continue to struggle to regain their highs, but is this the new bottom?