Two nays and a yea. There’s little doubt that the two most important developments in the financial markets over the last six months have been the stunning rise in the US dollar and the equally shocking collapse by oil prices. In this month’s edition of the Evergreen Exchange, we are taking a closer look at the former and debating whether the buck’s bolt might be coming to an end.
Click here to veiw this week’s Insights.
25 years in Sibera. In the late 1980s, I became convinced the Japanese stock and real estate markets were engulfed in one of the biggest speculative manias in world history. It was the first time I started using the B-word—as in “bubble”—in my conversations with clients. Some readers may remember that the most egregious example of that era’s insanity was the alleged valuation of the Imperial Palace in Tokyo being worth more than all the property in California.
Click here to view this week’s Insights.
Click here to view this week’s Chartbook.