by Gary Gordon | Dec 24, 2020
The late 1990s represented a period in history when investors began paying ridiculous premiums to own growth stocks. After the stock bubble burst in 2000, growth stocks in the Nasdaq 100 collectively crashed 80%. In 2020? The investment community is at it again. This...
by Gary Gordon | Dec 22, 2020
You do not have to be a geneticist to understand why the stock market has flourished. The economy may have suffered millions upon millions of permanent job losses. However, when there are 50 additional cents in M1 money sloshing around the financial system since March...
by Gary Gordon | Dec 18, 2020
One of the most famous social and economic influencers in the 1920s? Irving Fisher. Unfortunately for the celebrated economist, Fisher is best known for his biggest mistake. What many might say was the worst stock tip in history. In particular, Fisher excitedly...
by Gary Gordon | Dec 15, 2020
The consistent media refrain is that lower interest rates justify higher stock valuations. Is it true? Or is it an excuse for encouraging bubble-like speculation in riskier assets? Historically, there have only been two periods to examine ultra-low rate phenomena. The...
by Gary Gordon | Dec 11, 2020
This is a world where more and more people will need to rent rooms in their homes to make ends meet. Indeed, corporations like AirBnB stand to benefit. However, a number of 2020 IPOs have catapulted more than 100% on the first day of trading. This has occurred despite...