by Gary Gordon | Nov 17, 2021
I recently deposited $1,000 on a Rivian R1T. The deposit is fully refundable. That’s a good thing, since delivery of my electric truck is unlikely before the end of 2022. The Irvine-based company has been all over the news lately. Why? For one thing, this past...
by Gary Gordon | Nov 10, 2021
Stocks recently hit record highs here in November. Similarly, the volume associated with protecting one’s stock portfolio with “put options” has fallen to a new low. What do these trends suggest? They imply that investors believe that things are...
by Gary Gordon | Nov 3, 2021
The stock bubble stopped making sense several years ago. Yet, even speculators know, markets can remain irrationally enthusiastic for extended periods of time. For example, Tesla (TSLA) is being valued as though every driver on the planet will own one of their...
by Gary Gordon | Oct 27, 2021
Ironic? Humorous? The stock bubble continues to hit high after record high, despite the economy showing definitive signs of weakness. Two months earlier, the projection for the 3rd quarter period was 6.1%. Today? The Atlanta Fed is estimating growth of just 0.2%. If...
by Gary Gordon | Oct 21, 2021
Across 120 years of data, the most overvalued markets occurred in 1905, 1929, 1965, and 2000. This excludes today’s stock bubble. (See the purple triangles below.) Interesting enough, when one adjusts for inflation, each of the occurrences led to periods of...
