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Bubbles

Sep 08 2018

Fondly Remembering The Year 2000...

  • Sep 8, 2018

Many equity investors have suggested there’s no comparison between today’s expensive market and the bubble peak of Y2K, pointing out that today’s Technology titans are “real companies” with massive revenue underpinnings.

Oct 08 2013

Housing: Just Like The Bubbles Before It

  • Oct 8, 2013

Sectors that become the object of obsession during one economic cycle tend to remain cyclically depressed in the following one.

Oct 05 2010

Housing Hangover: May Linger Longer Than You Think

  • Oct 5, 2010

Housing stocks, and the enablers that helped create the bubble (Financials), are following the usual pattern of busted bubbles. After the bust, these past bubbles typically see a beta bounce establishing post crash highs. After that, it can take many years before these highs are again broken.

 

Mar 04 2009

Cyclicals: Getting All The Respect Of Financials

  • Mar 4, 2009

The Morgan Stanley Cyclical Index: a group we didn’t recognize as a bubble two years ago (and we suspect we’re not the only ones), but one that meets the minimum requirement for “membership” by declining at least 70% from its high.

Jul 04 2008

Busting Up Bubble Talk

  • Jul 4, 2008

More bubble talk. Crude oil prices are following the same pattern as the tech bubble in the late 1990s. However, Energy stocks have not become nearly as extended as Tech stocks were in the late 1990s. Also, Energy stocks have shown far superior earnings growth compared to Tech.

 

Mar 05 2008

Housing Fallout: Here’s A “Window” That Isn’t Broken Or Boarded Up...

  • Mar 5, 2008

Following patterns of past burst bubbles, Homebuilders seem poised to rally.

 

Nov 05 2007

Homebuilders.....Watching The “Window”

  • Nov 5, 2007

Not all gloom and doom this month...Homebuilders approaching window where past busted bubbles have bounced.

Mar 05 2006

View From The North Country

  • Mar 5, 2006

The persistent rise in short term rates could have a big impact on the consumer. The rising prime rate has boosted debt service costs substantially, and “Financial Death Traps” may be on the horizon.

Oct 05 2005

View From The North Country

  • Oct 5, 2005

Steve Leuthold lays out both the bullish and bearish stock market cases.

Mar 03 2004

View From The North Country

  • Mar 3, 2004

Still expect to see market correction develop in coming weeks. Based on past market dynamics, a correction in excess of 5% is overdue, considering it has been almost 12 months of uninterrupted market upside.