These charts tell the whole story regarding the current state of the global economy and investment markets: Global central bank asset purchases compared to global equity % change (let’s be honest, there’s only one thing that matters…) Deutsche Bank’s recent report on the current stock market rally (’12 to ’16) compared to past market climbs…
Recent Portfolio Updates
I’ve been a lot more active over the past few weeks as fewer and fewer stocks are participating in the rally to new highs. Small caps in particular have been showing signs of weakness so I’ve been reducing exposure there quite a bit. We’ve had signs all summer that the rally is losing steam. We may…