At the end of 2017, we initiated a new EVA series titled “Bubble Watch” where we went as far as to postulate that we’re in the midst of the Biggest Bubble Ever (BBE).
It’s time for a couple of firsts. The first “first” is that I’ve never before written an introduction to an introduction. The second is that I’ve never attempted to self-publish a book in real-time.
In this exclusive Quarterly Webinar, David Hay reviews what’s happening with MLPs (Master Limited Partnerships), the bond market, inflation and the economy, energy and the US stock market. You don’t want to miss this!
Have you ever wondered what causes recessions and their close cousins, bear markets? In this month’s Gavekal Evergreen Virtual Adviser (EVA), my good friends Charles Gave and Will Denyer attempt to answer that question, one that has vexed economists and even Federal Reserve officials for decades.
Nearly one year ago to the week, this newsletter made the wild-hair case that the Fed was serious about raising rates. At the time it was a contrarian call—as so many of ours are—because, for years, Ben Bernanke and Janet Yellen had consistently failed to “normalize” interest rates.