BNewman

U.S. Interest Rates and “Critical Mass”

The Implied P/E Expansion Model is a simple quick-test to assist in determining whether current valuations in the U.S. stock market [in aggregate] make sense given the level of interest rates. What’s funny about this is that 15 years ago I wrote that the “normal” 10-year Treasury yield was 7.5-8%!

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The “Crown Jewel” of Public Policy Decisions

Salute out to these two Governors for making the best decision possible to combat the largest crisis ever to hit the border states of Texas, New Mexico, Arizona and Taxifornia. There is simply no place to store these millions of illegals flooding into our Southern borders.

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From Refugee to Bourgeoisie? A Zero Chance!

The millions crossing the Southern border of the United States don’t have much of a chance of building a better life for themselves. Statistical probabilities not required; I see 99 out of 100 ending up in meaningless labor and living in filth, or on the street.

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~ The Man Behind the Motown Sound ~

One Lamont Dozier defined the Motown sound, and made this Black music genre an inescapable success. If you ever wondered just how, why, or when Motown might make it to the pinnacle of popular music, look no further than Lamont Dozier.

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U.S. Stock Markets, I’ll “See You in September”

Inflation will continue to roar @ 15% [including food and energy]. The next Fed rate meeting is not until September. Given the highest runaway inflation since the 1970’s, the Fed will need to deliver yet another large hike in rates. How is that compatible with growth stocks?

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