by Gary Gordon | Feb 26, 2020
Were you invested in a diversified basket of equities over the last two years? It may surprise some folks to learn that the NYSE Primary Exchange Index is actually down since January 2018. That’s a long strange trip to nowhere. ...
by Gary Gordon | Feb 24, 2020
A mesmerizing jolt of leverage in late 1999 topped out in March 2000. That same month, the S&P 500 hit its all-time bubble peak. A similar surge in leverage began in 2006. Margin debt peaked a mere three months (July 2007) before the stock market’s high...
by Gary Gordon | Feb 22, 2020
Venture capital is in free fall, down 51% in just eight months. Otavio Costa notes that two of the barometer’s components have nosedived in the last three months alone — deal counts (-40%) and early financing (-54%). ...
by Gary Gordon | Feb 20, 2020
It happened in 1990. It happened in 2000. It happened in 2008. Each time that the New York Fed’s Recession Probability Model cracked 30%, economic contraction occurred shortly thereafter.
by Gary Gordon | Feb 18, 2020
The Bloomberg U.S. Startups Barometer is a weekly indicator that tracks the well-being of the environment for private tech companies. The index peaked at 1545.32 on June 24, 2019. On February 10, 2020 it fell to 833.74. The Bloomberg Startups Barometer may only be...
by Gary Gordon | Feb 16, 2020
Proof positive that the Fed manipulation of rate policy has done little for the typical American. Workers must put in nearly 130 hours to afford a single share of the S&P 500. Why is that significant? It’s approximately 3x more than it was just 10 years ago. In a...