Investors aren’t limited to only investing in the S&P 500 and the Dow Jones Industrial Average. Every week we share the market trends we are following. We are interested in whether the trends in those markets are continuing or if they are experiencing a temporary or complete reversal. When we identify trends, we are only Read More
From the Trading Desk: Thinking About Precious Metals?
Let us recap my previous post. Tesla posted positive earnings for the fourth quarter in a row and opened the door to being added to the S&P 500. Thanks to Tesla’s stock price surge this year, Elon Musk is among the world’s wealthiest individuals. As a reminder, a committee will decide whether Tesla will be Read More
View from Crystal Bay: Silver, Gold, and Three Trillion USD
Investors aren’t limited to only investing in the S&P 500 and the Dow Jones Industrial Average. Every week we share the market trends we are following. We are interested in whether the trends in those markets are continuing or if they are experiencing a temporary or complete reversal. When we identify trends, we are only Read More
Pulling Back the Curtain on Stock Indices
Most people look to an index when following the health and trajectory of the stock market. However, all indices are not created equal and can lead to very different pictures of the health of an economy. Let’s look at how some of the major US indices are constructed and the pictures they are painting. Charles Read More
View from Crystal Bay: China’s Purchasing Power Parity & Why it Matters
As US investors’ focus remains fixed firmly on the Fed, there is a continuing tectonic shift in the world economy. It seems trite to invoke the rise of China as the most important facet of the 21st century, but Chinese economic dominance is accelerating, and its repercussions are not fully visible yet. The US is no longer the world’s largest economy; China overtook it four years ago. There is a misunderstanding about this: at market exchange rates, China is still smaller than the US, but at purchasing power parity, it has grown bigger. Read More