Thursday 20November2014 - Dagwood's Take!

Thursday 20November2014 - A Reminder of What Secular Bear Markets Look Like!

Just a reminder that the current secular bear market is probably not over.

The following chart illustrates the secular bear market from 1965 to 1981. Secular bear markets usually end with P/E ratios around 8 vs the current SP500 around 18. And stock dividend yields are up in the 6-7% level vs the current 2-3% yield.

Personally I believe it is a time to be very conservative and hold a substantial percentage of investment assets in cash or near cash short term quality bonds, etc.

Sunday 15November2014 - Crude Oil Further to Fall?

The long term trend support line from 1999 is in danger of being broken to the downside. Is it possible that crude oil will decline to support around $40 per barrel?

Chart from Danielle Park's web site.
Click chart to enlarge.

Monday 10November2014 - Why Privacy Matters!

An eloquent and thought provoking talk at a recent TED conference by Glenn Greenwald on 'Why Privacy Matters.'

https://www.youtube.com/watch?v=pcSlowAhvUk

Monday 10November2014 - Dagwood's Take!

Monday 03November2014 - Gold vs Deflation vs Strong US Dollar!

Precious metals and commodities are not performing well in a world of slow economic growth, asset deflation and a strong US dollar.

Chart from Danielle Park's website for gold and the next price target ranges now that it has broke below the 1180 support level.

Gold is currently trading at 1170US per ounce.

Click image to enlarge.

Monday 03November2014 - Dagwood's Take!