Monthly Archives: October 2021

Stocks priced for over a decade of negative nominal returns

Posted on October 20, 2021 by Danielle Park

John Hussman’s October letter includes the chart below, which graphs the actual 12-year nominal annual return for stocks from the rare historic incidents when valuations were as high as presently.  Here’s the bottom line: At valuations that presently stand at … Continue reading →

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Self-dealing central banks all in with no plan to sobriety

Posted on October 19, 2021 by Danielle Park

Central banks are not actually “running markets.” They are running market psychology, that is, for so long as participants are willing to buy in. As we saw last in March 2020, once misplaced confidence inevitably falters, risk bets implode rapid-fire, … Continue reading →

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Shifting from counter-productive property inflation to green technology

Posted on October 19, 2021 by Danielle Park

Are you paying attention Canada? The move is to refocus from property inflation policies to renewable energy. China’s economic model broken? https://t.co/XPhO8NYC0h via @FT — Danielle Park (@kdaniellepark) October 18, 2021

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