It wasn’t so much valuations that concerned us; but, rather, the incredible amount of debt finding its way on company balance sheets, not to mention the federal government. Combined with rampant speculation, the pending decline was a forgone conclusion and, of course,...
May 13th, 2020 – It’s been a nice respite, as the market has worked off the March crash and rebounded back to respectable levels. It’s another good lesson in extremes and also making sure we always remain open minded to the counter argument. I’ll spare you the...
Many people don’t understand the difference between the price of a market and whether or not it is a value. Today we take a look at the difference with a common metric to understand a bit more about where the market is trading and why we’re still...