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Olduvai III: Catacylsm
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Measuring The Equity Bubble – “You Are Here”

Measuring The Equity Bubble – “You Are Here” On best revisions for GDP and earnings in 2018 after Tax reform, the S&P is now less expensive than before, at just 57% above historical average… In this brief note, we wanted to update our value indicator for the S&P, after the steep consensus upgrades to US earnings and […]

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China Orders No Market Turbulence Ahead Of Party Congress

China Orders No Market Turbulence Ahead Of Party Congress The most important event in China in five years is about to take place, and Beijing isn’t taking any chances. Ahead of the Communist Party’s twice-a-decade congress – an event so massive that according to Bloomberg “nothing escapes its pull” – which is slated to start […]

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Olduvai IV: Courage
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Olduvai II: Exodus
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