The SP500 index (TSP C fund) contains 80% of the market value of the total public US stock market. Examining market internals and price action is one of many tools in gauging […]
Conventional Wisdom is so often proved wrong. Thinking back over my career, it’s amazing how many times what is believed true without a doubt in the markets turns out completely erroneous. There’s […]
How’s that for a headline? Do you think the mainstream financial media will pick it up. Oh think of the advertising hit they would take. I’ve mostly ignored the robo-adviser trend but […]
April 18 – Financial Times (Peter Wells): “The chances of the Federal Reserve delivering four interest rates in 2018 have ballooned in recent days. There is a 35.3% chance the US central […]
I am not impressed with the advice I have found on the internet for investing in TSP funds. I really don’t think it is that difficult to do the basic analysis, but I just do not see it anywhere. Sure, I see the market technicians and I often see options for long term investors like the aggressive allocation, the moderate allocation and the safe allocation. If you see this, run don’t walk.
FOMC minutes offered added confirmation that the Powell Fed is not rushing to coddle the markets. Increasingly, they see upside risks to both growth and inflation. Rates remain much too low. “Fed […]
War with Russia over Syria – no sweat. Trade wars with China – whatever. 1929 level stock market valuations – party like it is 1999. Inflation and rising interest rates – no […]
You can not time the market based on valuations, but you can predict future long-term returns.
Markets have grown well-versed at disregarding structural issues. I’m still amazed at what the marketplace was willing to ignore throughout the mortgage finance Bubble period: A doubling of mortgage Credit in just […]
We are still waiting for the market to stop acting like 1987 prior to the crash. In our recent post we pointed to the charts and timeline of market events. Today would […]