by Gary Gordon | Jan 8, 2021
Despite hyper-valuation reminiscent of the 2000 stock bubble, prices continue to set record after puffed-up record. And they show little sign of slowing down or reverting to a longer-term average. What would happen if stock prices did regress to a mean? The S&P...
by Gary Gordon | Jan 4, 2021
U.S. financial conditions are the easiest that they’ve ever been. At least according to an index created by Goldman Sachs. In essence, the index assesses things like credit spreads, borrowing costs, exchange rates and interest rates. The verdict? Financial...
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...
