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Daily Archives: July 24, 2014
Secular bear big picture update
I have long appreciated Ed Easterling’s excellent and detailed historical data, some of which can be seen at Crestmont Research. At the end of June he updated the valuation measurements for the S&P 500 and notes that while stocks gained … Continue reading
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Phantom inflation continues to be fleeting
Investment grade bond yields have been falling in tandem with global growth forecasts over the past 7 months again, leaving the consensus, who are expecting a pick up in inflation, on the wrong side of the trade. This segment offers … Continue reading
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