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Virtually Everyone Agrees That Current Stock Market Valuations Are Not Sustainable And That A Great Crash Is Coming

Virtually Everyone Agrees That Current Stock Market Valuations Are Not Sustainable And That A Great Crash Is Coming Current stock market valuations are not sustainable.  If there is one thing that I want you to remember from this article, it is that cold, hard fact.  In 1929, 2000 and 2008, stock prices soared to absolutely […]

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Some Folks At The Fed Are Lost——No Juice To The Macros, Part 1

Some Folks At The Fed Are Lost——No Juice To The Macros, Part 1 Yesterday we demonstrated that stock market valuations are not merely “on the high side” as Janet Yellen averred last week. Instead, they are positively in the nose-bleed section of history. You don’t get the Russell 2000 trading at 90X honest-to-goodness GAAP earnings […]

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Olduvai IV: Courage
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Olduvai II: Exodus
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