Monthly Archives: January 2022

China’s economy is struggling as its outrageously leveraged property sector, which has driven some 25% of its GDP growth over the past decade (and the lion share of global commodity demand), works through a well-earned bust cycle. After years of … Continue reading →

With a global market cap loss of some $9 trillion this month, stock markets have their worst January on record.  Under the surface of market averages, 49% of S&P 500 companies, 76% of NASDAQ, and 82% of the economically sensitive … Continue reading →

The full 37-minute interview is now available and worth the listen. For almost a half-century, value-investing icon Jeremy Grantham has been calling market bubbles. Now, he says U.S. stocks are in a “super bubble,” and poised to collapse. Here is … Continue reading →