CAPE

Best & Worst Real Historical Returns: Where To Invest?

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Reading Time: 5 minutes With the first stock market correction in over a year, having occurred in early February, there were many media narratives about what caused the selloff. We think it was driven by the unwind of the short VIX trade. Buying protection wasn’t considered important with the VIX at record lows in…CONTINUE READING

What Could Go Wrong? Third Longest Expansion Since 1854

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Reading Time: 5 minutes 2017 marked what could be considered a seemingly perfect time in history. Some of the primary factors that contributed to this goldilocks scenario has been record low interest rates and volatility, quantitative easing, high stock valuations, easiest financial conditions since 1993 based on the National Financial Conditions Index or from 1970…CONTINUE READING

Are Stocks Fully Priced?

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Reading Time: 5 minutes The question on many investors’ minds is can there be too much of a good thing? While GDP per capita has been low, the sustained growth which has been relatively consistent along with low inflation and a low amount of global conflict makes for a great stock market. Even low…CONTINUE READING