Category Archives: John Hussman
Weekend Reading: You Have Been Warned
Authored by Lance Roberts via RealInvestmentAdvice.com, Investors aren’t paying attention. There is an important picture that is currently developing which, if it continues, will impact earnings and ultimately the stock market. Let’s take a look at some interesting economic numbers out this past week. On Tuesday, we saw the release of the Producer Price Index […]
Weekend Reading: Harvey & The Broken Window Fallacy
Authored by Lance Roberts via RealInvestmentAdvice.com, As the waters recede from “Hurricane Harvey,” the rebuilding efforts begin. It will take quite some time before Houston fully recovers from the tragedy, but recover we will. Hopefully, lessons were learned by a city government that has avoided dealing with the drainage and flooding problems for far too […]
Weekend Reading: Yellen Lets Doves Fly
Authored by Lance Roberts via RealInvestment Advice.com, As I noted in yesterday’s missive, Yellen’s recent testimony on Capitol Hill sent robots frantically chasing asset prices on Thursday even before testimony began. The catalyst was the release of prepared testimony which included this one single sentence: “Because the neutral rate is currently quite low by historical […]
Weekend Reading: Oil Slick
Authored by Lance Roberts via RealInvestmentAdvice.com, Beginning in December of last year, following the announcement by OPEC of a cut in oil production, I have discussed the “headwinds” that persist against a sustained rise in oil prices. “The supply/demand dynamics currently suggest that oil prices and energy-related investments could find a long-term bottom within the […]
Weekend Reading: The Everything Bump
Authored by Lance Roberts via RealInvestmentAdvice.com, I received an email this morning that is symptomatic of the current psychology prevailing in the market currently: “It seems to me like much of the market movement these days due by the huge increase in algo-driven trading and also by direct or indirect CB intervention. Every time you […]
Weekend Reading: Markets May Be Getting Expensive
Authored by Lance Roberts via Real Investment Advice, Let me suggest a warning. Two week’s ago, I discussed the failure of Congress to get the Affordable Care Act (ACA) repealed, much less replaced. The problem, of course, is the failure to repeal the ACA leaves in question the ability to pass other agenda based items such […]
Weekend Reading: Just Buy Everything
Authored by Lance Roberts via RealInvestmentAdvice.com, On Wednesday, as I discussed yesterday, the Fed hiked rates and despite the fact that hiking interest rates further tightens monetary policy, thereby reducing liquidity to the markets, the markets rallied anyway. With the hopes of accelerated earnings recovery being muted by falling oil prices, higher borrowing costs, and […]