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Daily Archives: July 1, 2014
CAPE ruler still a ruler
Over the years I have commented on the tendency of market commentators to start discounting or ignoring objective rulers when they register bearish measurements. We saw this in 2000 when price to earnings ratios went full nut-job and the long-always … Continue reading
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Ingenius homes in unexpected places
A little inspiration about human ingenuity and self-reliance for Canada Day. In the center of Caracas, Venezuela, stands the 45-story “Tower of David,” an unfinished, abandoned skyscraper. But about eight years ago, people started moving in. Photographer Iwan Baan shows … Continue reading
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