Following yesterday’s case for a continuing bull market, here’s a case for the bears from Martin Feldstein, chairman of the Council of Economic Advisors under President Reagan. Feldstein wrote in…
The Case for the Bulls
Yesterday I promised to share the case for a continued bull market. Arguing for a continuing rise in stock prices, Donald Luskin, chief investment officer at Trend Macrolytics LLC, wrote…
Is a Market Bubble Coming? Yes and No.
Reasonable arguments can be made that stocks are overvalued and that a correction or even a bear market is imminent. Reasonable arguments can also be made that stock prices are…
Gold May Have Another Solid Year
While tax reform and deregulation may combine to boost the stock market through 2018, some investors are understandably concerned about excessive stock valuations and the potential for a stock market…
Trump’s Not Reagan or Obama
Donald Trump is not Ronald Reagan. That should be obvious, but many optimistic conservatives are drawing parallels and predicting economic nirvana over the next four years. That’s unlikely to happen,…
The Apolitical Fed and the “Big, Fat, Ugly Bubble”
“ … nothing at the Fed is political.” …