Newsletters

7.5% Yield Portfolio Allocation. The US stock market is historically overvalued and should generate low single digit returns for the next decade. The enormous success

By several measures this letter will show how the US stock market is in a bubble and prone to a collapse. We believe that this

Investment Risk Mitigation is Prudent Now. Several valuation and behavioral indicators are signaling that a generational stock market top is forming. While periods of overvaluation

The consequence of the re-election of Donald Trump is enormous. After the spike in inflation of over 20%, over the last four years, high hopes

Whatever the outcome of the November 5th Presidential election is, market volatility will likely increase while the anticipated policies of the next administration are debated.

Market cycles repeat themselves and we believe this current stock market cycle parallels the 2000 technology bubble because today’s market is led by technology stocks,

Our July 9th letter cautioned that the parabolic rise in Nvidia shares is reminiscent of the  “irrational exuberance” that historically accompanies generational peaks like 1929,

The current rise in NVIDIA Corporation (NVDA) shares, mega cap stocks, and capitalization weighted indices, has all the markings of a generational stock market peak

Retirement Investors’ Answer to the 60-40 Portfolio. The investment environment of the 2020s will be the flipside of the last 15 years’ negative interest rates

Three ominous metrics compel a strategic rotation into out-of-favor equity and commodity sectors to preserve long-term investment capital. With the return of inflation and a