TSP Charts: A Prelude

TSP Prelude seen in GE chart

This is an update to my January article As GE Goes So Goes The Nation except maybe we should have called it As GE Goes So Goes our Retirement Funds or something like that […]

TSP Charts: About Those Valuations

For some reason President Reagan’s former budget director has an issue with the Russell 2000 small cap index “stratospheric” price-to-earnings (PE) ratio. David Stockman writes that the “actual” PE of the index that holds the 2000 smallest US listed companies is around 91 times earnings.  It was hitting an epic 142 at the end of January by some reports.

Doug Noland: Crisis Watch

It’s worth recalling that the 2016 de-risking/de-leveraging episode was nipped in the bud by an upsurge in global QE (especially courtesy the ECB and BOJ) and a corresponding extension of easy money […]

Doug Noland: Disequilibrium

In a world of too much “money” and Crowded Trades prevailing throughout the risk markets, it regresses into a dysfunctional game of disregarding risk and chasing performance. Buy and hold an equities […]

TSP Charts: The Unfavorable Season

If you do not know about the favorable and unfavorable season for the stock market, you might want to check out our take on Sell-in-May.  Unlike many who write about it, I’ve extensively researched it.  It’s the only strategy that I found beats buy and hold over the full market cycle (bull/bear).  And it lowers your investor stress level too.

Doug Noland: Old Roach Motel

One hundred and six months. The current expansion, having emerged in the aftermath of the collapse of the mortgage finance Bubble, is now the second-longest on record (lagging only the 120-month 1990’s […]