S&P Archives - Evergreen Gavekal

Time To Call It A (Bubble) Wrap

David Hay / March 25, 2022

The Instant Classic

David Hay / July 26, 2019

In his popular book, Misbehaving: The Making of Behavioral Economics, Richard Thaler suggests that, “Many people have made money selling magic potions and Ponzi schemes, but few have gotten rich selling the advice, ‘Don’t buy that stuff’.” In fact, it can be downright unpopular to be the adult in the room when easy money seems to be falling from the skies like raindrops in Seattle in January.

A Rare Divergence: Economic Data vs. Financial Markets – Where Do We Go Next?

Jeff Dicks / March 22, 2019

Financial markets have been breathtakingly strong so far in 2019. In fact, it’s been the best start for the US stock market since 1992, with the S&P 500 posting a 13.1% total return through mid-March. Another impressive stat is that the NASDAQ began the year with nine straight up weeks – a feat not seen since 1964. International stocks, corporate bonds, REITs, and midstream energy assets have also posted remarkable returns.