The S&P Price-to-Sales ratio is back near its high for the cycle and the highest level outside of the greatest stock market bubble in history. … [Read more...]
Incredible Shrinking Bond Yields
0.10% is what you are paid today to lend the German government money for 10 years. It would take almost 700 years to double your money at that rate. … [Read more...]
Abenomics in Trouble
Abenomics, aka printing money and crushing interest rates, doesn't appear to be working for Abe-san any longer. The yen is soaring and inflation expectations in Japan are falling. … [Read more...]
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