When we made predictions for 2018, perhaps the prediction most likely to come true was that the Bitcoin bubble would burst. Bitcoin has already fallen hard. Initially, prices fell as…
Other Options for Reducing Risk
We noted yesterday that alternative investments can provide the diversification needed for downside protection in case the stock and bond markets turn bearish. Two other suggestions for reducing risk were…
Worried About Stocks and Bonds? Consider These Alternatives.
Last week we presented arguments for a continuing bull market and a potential bear market. No one knows, of course, what will happen in 2018, but it’s best to be…
The Case for the Bears
Following yesterday’s case for a continuing bull market, here’s a case for the bears from Martin Feldstein, chairman of the Council of Economic Advisors under President Reagan. Feldstein wrote in…
The Case for the Bulls
Yesterday I promised to share the case for a continued bull market. Arguing for a continuing rise in stock prices, Donald Luskin, chief investment officer at Trend Macrolytics LLC, wrote…
Is a Market Bubble Coming? Yes and No.
Reasonable arguments can be made that stocks are overvalued and that a correction or even a bear market is imminent. Reasonable arguments can also be made that stock prices are…
Gold May Have Another Solid Year
While tax reform and deregulation may combine to boost the stock market through 2018, some investors are understandably concerned about excessive stock valuations and the potential for a stock market…
Consumer Spending Up
One of the New Year’s predictions we made last week has already come true. We predicted that tax reform would result in higher consumer spending, not only because consumers would…
Prediction: Our 2018 Predictions Will Be More Accurate than Paul Krugman’s
We could make bold predictions about the coming year, recognizing that we probably will not be taken to account a year from now if the predictions aren’t true. People don’t…