Valuations

Anatomy of a Correction

April 5, 2018

On Monday morning, the S&P 500 bounced off its lowest level of the year for a second time. The first bottom occurred on February 8th at a level that just barely qualified [...]

Fear and Greed

September 28, 2016

In an effort to gauge the level of frothiness in stock prices, we periodically like to analyze the stocks within the S&P 500 to determine the characteristics of the best- [...]

Valuations Matter

February 10, 2016

I’ve been writing for a couple years now that much of the appreciation in stock prices over the past six-plus years has been the result of central bank largesse, and [...]