The Anti-Bubble Years (Part II)

/ September 10, 2021

Returning back to the question that opened last week’s EVA, why, for nearly 40 years, was I almost always bullish to very bullish on bonds?  The cut-to-the-chase reason was that interest rates were largely positive even after inflation for most of that timeframe. 

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The Anti-Bubble Years (Part I)

/ September 3, 2021

Bubbles now get tremendous amounts of press. Their counterparts, however, don’t. In my 42 years of financial market experience, anti-bubbles are where immense amount of wealth are made and bubbles are where they are lost.

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