by pentoport | Feb 7, 2022 | Commentary
February 7, 2022 The current Fed Chair is perhaps best known for his quick pivots from hawkish back to dovish and vice versa. Maybe he is just too dependent on the prevailing winds of the current economic data. Or, perhaps more accurately, he is most swayed by the...
by pentoport | Jan 10, 2022 | Commentary
January 10th 2022 According to Doug Ramsey of the Leuthold Group, 334 companies trading on the New York Stock Exchange recently hit a 52-week low, more than double the amount that marked new one-year highs. That’s happened only three other times in history —...
by pentoport | Dec 20, 2021 | Commentary
December 20th, 2021 The coming new year will be fraught with risk due to the removal of central bank and government supports. This could very likely lead to the collapse of the most overvalued stock market in history. According to the Conference Board, US economic...
by pentoport | Nov 8, 2021 | Commentary
November 8, 2021 Stagflation is undermining the U.S. economy, and that poses a huge problem for Mr. Powell and his merry band of money printers. Inflation is running at a pace that is just about 3x faster than real GDP growth–a figure the Fed can no longer...
by pentoport | Oct 11, 2021 | Commentary
October 11, 2021 Investors are growing cautious as we approach the fourth quarter, and their trepidation is justified. Here’s a brief summary of the situation: there is a potential global financial crisis stemming from the Chinese property market meltdown, supply...
by pentoport | Aug 30, 2021 | Commentary
August 30, 2021 It is not very surprising to me that nearly every talking head on Wall Street is convinced inflation has now become entrenched as a permanent feature in the U.S. economy. This is because most mainstream economists have no clue what is the progenitor...
