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Olduvai III: Catacylsm
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It’s Beginning to Look a lot Like…

IT’S BEGINNING TO LOOK A LOT LIKE… A BUBBLE!  As the markets grind higher into the year-end the look of what is happening is becoming clear. The Fed is inflating a bubble. Valuation on the S&P is approaching 19x which is up from ~14-15x a year ago. Valuation isn’t a great tool for timing however […]

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Olduvai IV: Courage
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Olduvai II: Exodus
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