by Gary Gordon | Oct 31, 2022
The financial media want you to believe that inflation is already coming down. Or that it has peaked. Gasoline prices may be coming down. Used car prices may have peaked. Yet the idea that the inflation goblin has gone away is premature. The Personal Consumption...
by Gary Gordon | Oct 19, 2022
Scores of commentators have been trying to persuade the investing public that stocks are “on sale.” After all, the S&P 500 is roughly 23% lower than it was at the start of 2022. Might that imply that one can pick up a large company index fund at a...
by Gary Gordon | Oct 13, 2022
Most folks understand it now. The “Everything Bubble” burst. Like the dot-com balloon in 2000. Like the housing froth in 2008. Over-hyped assets eventually plummet. In the first nine months of 2022, bonds and stocks have simultaneously succumbed to...
by Gary Gordon | Oct 7, 2022
Many in the mainstream financial media have been declaring that the current bear is one of the worst in history. That is incorrect. As least as far as stocks go. With respect to stock price decline, the S&P 500’s 23%-24% fall from grace has yet to reach...
by Gary Gordon | Sep 28, 2022
Investors have an ability to delude themselves for extraordinary lengths of time. For instance, the worst annual performance for investment grade corporate bonds occurred in 2018. It was a miniscule -3.8% loss for IG corporates (via LQD). Here in 2022? IG corporates...
