The Landscape
The economic conditions are one of the most important drivers of stock prices. Here we post articles on various topics that pertain to the economic landscape we are operating in.
Inflating Our Way Out
Rate Hikes and Soft Landings The Fed has backed itself into a corner. Whether it be the Greenspan put or the taper tantrum, all eyes are on the fed and it has its hands full. … read more Inflating Our Way Out
Is Now a Good Time to Buy and Hold?
Is it a good idea to buy and hold? Last week, we wrote a piece on the Shiller PE Ratio. In that article, we acknowledged that stocks are expensive by historical measures. We suggested it … read more Is Now a Good Time to Buy and Hold?
The Shiller PE Ratio
What is the Shiller P/E Ratio? When discussing the Shiller P/E ratio we first have to discuss a typical P/E ratio. A normal P/E ratio is simply Price divided by Earnings. This is calculated by … read more The Shiller PE Ratio
Black Gold
Why are gas prices so high? One thing Americans share in common is the love for the open road. Whatever the mode of transportation, Americans love to go places. But, one look at the current … read more Black Gold
Shrinkflation
Abra Cadabra, Shrinkflation! By now we should all know what inflation is. When our government “prints” a bunch of money, you can’t expect prices to remain the same. The price of everything goes up. But … read more Shrinkflation
Nominal vs Real Yield
What is the difference between nominal and real interest? Black= Nominal, Red =Inflation rate, Blue = real yield For the past four decades, inflation has been subdued and there hasn’t been much of a reason … read more Nominal vs Real Yield
The Foxy Fed
Assets, Liabilities, and Personal Finance. US Inflation Rate In polite circles, it often isn’t considered proper to talk about money. In some ways, it’s too bad, because basic knowledge of how money and credit works … read more The Foxy Fed
If Only
If Only I Had Bought and Held…. If only. If I’ve heard those two words once, I’ve heard them a thousand times. If only I had bought position X instead of Y, I would have … read more If Only
The Fox and The Henhouse
Why Are Prices Rising? “What we are seeing is the old ploy by the robber who starts shouting ‘Stop, thief!’ And runs down the street pointing ahead at others.” The late economist, Murray Rothbard “Inflation … read more The Fox and The Henhouse
Boom!
As we plow through earnings season, results are beating expectations by a country mile. Not only are companies reporting huge numbers, but estimates for the third and fourth quarter are rapidly rising. So far, earnings … read more Boom!