Category Archives: Main Page

When money is cheap/low-yielding, the masses tend to borrow and overspend while investment capital is ploughed into dumb, counter-productive things. With money virtually free for a decade, a historic era of financial madness has ensued. Zombie companies and Ponzi schemes … Continue reading →

Yesterday’s month-end close for the NASDAQ Composite Index of 12,081 officially breached its 26-month moving average by more than 1%. My partner Cory Venable’s chart below highlights that this was the 5th such breach on a monthly close since 1987. … Continue reading →

Danielle was a guest with Jim Goddard on This Week in Money, talking about recent developments in the world economy and markets.  You can listen to an audio clip of the segment starting at 9:07 on the play bar.