Daily Archives: October 14, 2021

One of the most historically informative capital risk readings, the S&P 500 Shiller price to earnings ratio (shown below since 1870), topped 38 this month, far beyond the 1929 market top, and second only to the fleeting 44 clocked at … Continue reading →

Consumers increased their spending on durable goods (which last more than three years) by 40% between March 2020 and March 2021, as much as over the previous four years. Producers and suppliers were understandably unprepared, which led to shortages, backlogs, … Continue reading →