America's Economic Future – A Discussion By Ted Kavadas
I recently came across an interesting chart titled “Relationship Of Inflation and Price/Earnings Ratios (1900-2008).” It is from Crestmont Research and can be found at this link: http://www.crestmontresearch.com/pdfs/Stock%20Inflation%20&%20PE.pdf It shows the effect of inflation and deflation (as defined by the CPI) on the P/E Ratio. I think that it is worth looking at for a variety …
One of the more prevalent themes mentioned has been the possibility, or probability, of hyperinflation. Hyperinflation is often mentioned due to the degree of “money pumping” and other intervention measures that have occurred in the last two years to combat this period of economic weakness. However, despite all of the predictions of hyperinflation, there appears to …
Here is the latest update on the Madoff sentencing from CNBC: http://www.cnbc.com/id/31610169 A few months ago, I wrote an article titled “Crime During Economic Stress,” that is listed under the “Individuals” section (about halfway down the page) here: https://www.economicgreenfield.com/prosperitybypencom-directory/ One of the questions that I have is whether there are more frauds in existence that haven’t yet …
Much has been written in the financial press about the possibility of impending inflation, or even hyperinflation. These possibilities are discussed as being likely due to the “loose” monetary policy that has been enacted to combat The Financial Crisis. If one were to believe that inflation has or will soon “breakout,” one would probably expect gold to perform strongly. At around …
I am posting a letter from Guy Haselmann, as I believe it is very well-written and illustrates how actions can promote an Economic Brownfield environment. My comments will follow the letter: __ To the Editor, May 6, 2009 The Obama administration is creating the next future crisis. Their handling of the Chrysler situation is irresponsible, …
One phrase that I have heard mentioned a few times is that the economic and market declines of 2008-early2009 created a “Opportunity of a Lifetime” to buy stocks, businesses, and other assets. I am not sure what reasoning is used to justify the “Opportunity of a Lifetime” phrase (and no reasoning has been provided). It would …
My view on the stock market rally (as seen by the S&P500, often denoted on this blog as SPX) that began on March 6 (at ~666) and peaked on Friday (at ~951) is that it is a bear market rally. And it certainly has been generous, given the fundamentals of the economy. I think it is …