• Current Events,  Mile High View

    The Coronavirus Is NOT The Great Recession

    The coronavirus is not the Great Recession. The cause of the Great Recession was a financial crisis whereas the cause of the coronavirus is a biologic crisis. The “cure” for the financial crisis is not going to be the same as the “cure” for the coronavirus. The impact on the market of the Great Recession is not going to be the same impact as the coronavirus. It is best to understand the difference between the two and the difference in strategies. The Great Recession was a financial crisis. It was essentially a worldwide burst of a credit bubble that had been building since the mid-1970s. Prior to the 1930’s Great…

  • Current Events,  Mile High View,  Super Cycle

    What in the World is Happening to the Stock Market?

    Did you know that 60% of the revenues for companies in the S&P 500 are generated overseas, outside the United States?[1] It is important when looking forward to stock market performance in 2020 and beyond to understand what is happening to the world GDP and world economy. This is the first of two eLetters in which I will give you my views on the stock market in 2020. The best analysis I have seen was done in 2011 and is, in my opinion, still valid today. Standard Chartered Bank, a large bank based in London, released a study in which they state that the world is in a “worldwide economic…