Monday, November 13, 2017

Stock Valuations Continue to Rise to New Highs

This image of a margin-adjusted CAPE, provided by Hussman Funds, shows that stocks continue to reach new highs of excessive valuation.


Monday, October 16, 2017

Still Another Record High

"Oh, but this time is different," they say. Nope! That language is actually an expression of a bubble mentality! It is, itself, proof of a bubble. And every bubble in history has ultimately burst. There has yet to be an exception. This one will too!


Thursday, October 5, 2017

This Bubble Gonna Burst


Stocks Straight Up Since Mid August

Despite an upwardly-revised GDP forecast, the overall economic data hasn't improved noticeably. This looks more and more bubbly each day. The S&P 500 has closed higher 26 of the past 32 days. We have seen 43 new all-time record highs this year.

Tuesday, September 26, 2017