Bubbles Are Unbelievably Easy To Spot

Jeremy Grantham is chairman of the board for the well-known asset management firm,  Grantham, Mayo, & van Otterloo (GMO). Yet he is much more than that. He is also an accomplished “bubble-ologist.” In a recent interview, Grantham said: “Bubbles...

For Real

The Federal Reserve explains away rising costs across commodities, shipping, food, retail and rent as “transitory.” They might be right. On the flip side, the stock bubble is ignoring inflation-adjusted data as it relates to valuation. Specifically, in the...

Stock Storm

The U.S. Federal Reserve has purchased oodles of assets with electronic currency credits. Funny money. Ditto for the Bank of Japan, People’s Bank of China, and the European Central Bank. Not surprisingly, the more that central bankers add assets to their collective...