Category Archives: Main Page

Equities don’t bottom when yield curves are inverted

The percentage of global 2/10-year Treasury yield curves inverted at the end of 2021 (long rates lower than short) was 90% (in blue below since 1980, courtesy of Lance Roberts). Historically, recessions (grey bars) and bear markets (S&P 500 in … Continue reading

Posted in Main Page | Comments Off on Equities don’t bottom when yield curves are inverted

Epic financial busts bring epic opportunity

A decade of ultra-low rates punished risk-conscious savers and encouraged profligate financial decisions among the masses. Rather than use record-low interest rates to get out of debt faster, most levered up to imprudent levels. Insufficient cash and falling prices are … Continue reading

Posted in Main Page | Comments Off on Epic financial busts bring epic opportunity

Tesla: zero to most profitable in 15 years

Truly other world… Sandy Munro was blown away by Tesla’s profit margin, which is eight times more than Toyota’s.  Here is a direct video link.

Posted in Main Page | Comments Off on Tesla: zero to most profitable in 15 years