Speculative Frenzy Smells More And More Like 2000

By | Bond ETFs, Current Affairs and ETFs, ETF Philosophy, ETF Strategy, International ETFs, Special Sectors ETFs, Technology ETFs, US Markets and ETFs | No Comments

Scores of extremely bullish investors insist that the financial markets today do not resemble the technology stock craze near the tail end of the late 1990s. That position is getting more difficult to defend. For example, market capitalization to GDP is a long-term stock valuation indicator with a high correlation (0.89) to subsequent 10-year returns. The valuation tool is frequently referred to as the “Warren Buffett Indicator.” The reason? In 2001, the Oracle of Omaha dubbed it as “…the best single measure of…

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If You Bought The Tax Reform Rumors, Will You Be Selling The Tax Cut News?

By | Bond ETFs, Current Affairs and ETFs, ETF Philosophy, ETF Strategy, Large Cap ETFs, Popular Posts, Special Sectors ETFs, US Markets and ETFs | No Comments

Since the Great Recession, each time that the U.S. economy bogged down, the U.S. Federal Reserve began printing additional electronic dollar credits to acquire billions in assets (a.k.a. “quantitative easing” or “QE”). And the efforts were primarily responsible for pushing interest rates lower, as well as stock and real estate prices higher. Take a look at the blue line in the chart below. It represents the electronic money printing activity of central banks across the world. Not only did stocks surge ahead…

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Managing Assets When Markets Become Irrationally Effervescent

By | Bond ETFs, Current Affairs and ETFs, ETF Philosophy, ETF Strategy, Special Sectors ETFs, Technology ETFs, US Markets and ETFs | No Comments

When I co-hosted a national talk radio show in 2000, tech stock inquiries came furious and fast. JDSU or Sun Micro? Powerwave or Cisco? Webvan or theGlobe.com? Few expressed concern about a recession. Few wondered if they might lose money by investing in the New Economy’s Internet favorites. Even fewer callers believed that they might want to take less risk rather than more. Granted, tech stocks may not be as wildly overvalued as they were in 2000. That said, the U.S….

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Are The Ultra-Rich Predicting A Stock Market Swoon?

By | Current Affairs and ETFs, ETF Philosophy, ETF Strategy, Large Cap ETFs, Mid Cap ETFs, Small Cap ETFs, Special Sectors ETFs, Technology ETFs, US Markets and ETFs | No Comments

I readily acknowledge that I know precious little about the world of art. In fact, I would struggle to distinguish Picasso from Velazquez, Van Gogh from Monet, or DaVinci from Rembrandt. On the other hand, my brain has retained a bit of knowledge about several artists for one reason or another. Not only did I see the 2002 movie on the life of Frida Kahlo, but I attended a Kahlo exhibit in New York. Similarly, whenever I gaze upon a…

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Have You Been Blinded By The Stock Light?

By | Current Affairs and ETFs, ETF Philosophy, ETF Strategy, Large Cap ETFs, Mid Cap ETFs, Popular Posts, Special Sectors ETFs, Technology ETFs, US Markets and ETFs | No Comments

I may not be a passionate fan when it comes to America’s pastime. Still, baseball is serving up a seventh game of a World Series. It rarely gets better than that. Who would have believed that the Los Angeles Dodgers would be one win away from celebrating their greatest wire-to-wire season since Kirk Gibson’s 1988 team? Who would have imagined that the Houston Astros would be poised to claim their first World Series title in franchise history? In a similar…

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