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Monthly Archives: July 2014
“Railway Man”: inspiring story on human growth and capacity
Finally saw this movie last night and thought is was one of the most inspiring, worthwhile stories I have seen in some time… A victim from World War II’s “Death Railway” sets out to find those responsible for his torture. … Continue reading
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Miraculous corporate profit trend reversing?
We have noted with some amazement and trepidation over the past 4 years as global growth weakened but corporate profits continued to soar thanks to lowered labor costs following the great recession of 2008 as well as low interest rates … Continue reading
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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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