Click Here to Subscribe Now! Try a 3-month trial for only $68

October, 2017

Where Were You 30 Years Ago This Week?

By Chuck Butler

 

Thirty years is a relatively long time ... three decades… and a lot of trading days between the day the stock market saw its largest one-day decline, until now, when things seemingly know only one way, which is up.   

 

I was close to everything that was happening in 1987 at our little stock brokerage at the old Mark Twain Bank. Yes, this week marks the 30th anniversary of the “Great Stock Market Crash of 1987."

 

 

PREMIUM - CLICK TO READ MORE

Daily Recap

Apparently unable to stay weak for more than a day, stocks moved higher, again led by the strong Dow Industrials.  23,000 came and went, not even a bump in the road for this steamrolling market average.

 

PREMIUM - CLICK TO READ MORE

Global Economic Uptrend

by Jon S. Strebler 

 

One analyst made the claim last week that we are currently experiencing “the first synchronized global economic uptrend ever". Now, you may have heard that “ever” is a really long time, and as a naturally curious person, I therefore have to wonder if this claim is correct. Unfortunately, there are practical limits to tracing back the history of economic growth worldwide. For example, I’m not going to try to look at how Babylon’s economy meshed with pre-Incan prosperity, the Myceanean age, the Kush kingdom, the Shang dynasty, or standards of living during India’s Vedic period.  

PREMIUM - CLICK TO READ MORE

Global Growth Cues Abound

By Matthew Kerkhoff

 

Sometimes stock market rallies can be so powerful that you just have to grab ahold of something sturdy and hang on. Every once in a while, the upward surge can be so strong that it feels as though it’s fake – too much wealth being created in too short a time, inevitably destined to evaporate.

 

The last 12 months have felt that way. With the major averages up anywhere from 19–26%, many investors are logging in to see account balances that have never been this high.

 

PREMIUM - CLICK TO READ MORE

Richard's Thoughts on Survival Mode

Richard’s Comments

 

Today I'm going to present a discussion between two characters named A and B. Who are these guys? They're two guys who live between my ears. Somehow, these two clowns got into my skull over the weekend.

 

A – What are the fundamentals, the very basic fundamentals, of the investment world today?

 

B – Here they are, and I don't think you're going to love them. The world is overproducing. Not only is it overproducing, but it's overproducing at viciously competitive prices.

 

PREMIUM - CLICK TO READ MORE

What Economic Sanctions?

By Chuck Butler

   

Well, I’m tired … I’m tired of talking about the problems in the U.S. economy and with debt accumulation. It’s times like this that I have to dig deep down and convince myself that readers want more information than what I’ve given them so far. So I’m going to start this week’s letter with a ditty about the national debt, and then get into some thoughts on Russia’s economy… 

 

PREMIUM - CLICK TO READ MORE