Dumb Money Back to Confident and Fear Missing Out
Be careful out there. Risk is rising as the DUMB money is on the loose. Jason Goepfert’s blog, Sentimentrader.com, keeps you up to date on how confident DUMB and SMART money are at a given moment. When DUMB money is... Read More →
Lemmings Take the Plunge Even as Stocks Make New Highs
Investors escape from stock funds in favor of bond funds this past spring. “More than $38 billion of investor assets flowed out of equity long-term funds and ETFs in the five weeks between April 18 and May 22 [per the... Read More →
Real Yields versus Yield Curve Slope
The investment world is fixated on China trade wars a.k.a. tariffs, rapidly declining interest rates, sky-high stock prices, inverted yield curves, negative interest rates and looming recessions around the world. No one can predict the future and investment climate uncertainty... Read More →
TRUCKS KEEP ON HAULING MORE AND MORE STUFF
US Trucks Hauled Almost +8% More Tonnage in the Last Year The nations’ extensive fleet of trucks has hauled almost 8% more tonnage in year ending July ’18. Since just before the November 2016 election, truck tonnage is... Read More →
Dr. Ed’s Blog: High Noise-to-Signal Ratio In Stock Market
THANKS TO TAX CUTS High Noise-to-Signal Ratio In Stock MarketThe 10-year US Treasury bond yield edged up above 3.00% yesterday. This widely feared level didn’t faze the S&P 500, which rose 1.0% on Wednesday to 2697.79. Rising oil prices, in... Read More →
FANGs: Growth Investments Expensed on the Income Statement
The media is obsessed with supposedly bubble-like valuations of the FANG stocks—Facebook, Amazon, Netflix and Google (Alphabet). The FANG companies account for over 7% of the S&P 500 and sell at a weighted average P/E of 39 times consensus 2017... Read More →