The U.S. political scene took center stage this week as many American’s sat stunned as we witnessed unbelievable footage of the riot on Capitol Hill. Yet, nearly as surprising was the reaction of the stock market, which rose 1.1% on Wednesday and another 1.48% on Thursday, despite the chaos that erupted during Wednesday’s Congressional electoral college vote.
Read More
Typically, the reaction to one of my EVAs is like the sound of one-hand clapping. That was definitely not the case with last week’s “Take Profits!” edition.
Read More
Admittedly, that isn’t the snazziest EVA title I’ve ever created. But I wanted to accomplish two things with it: First, save time for those who want essentially a Twitter message in terms of brevity and, second, to underscore the basic message.
Read More
Below are Evergreen Gavekal’s Likes/Dislikes for January 1, 2021.
Read More
As most loyal EVA readers know, for the 15 years of this newsletter’s existence, I’ve been a believer in, and forecaster of, subdued inflation. In fact, I’ve often written that for nearly all of my 42-year career I’ve felt that inflation would stay low, despite some intermittent flare-ups late in economic expansions.
Read More
