Latest News Retail sales for the month increased by 0.7%, against the Dow Jones estimate for a decline of 0.2%.
Investing In an Overpriced Stock Market

Investing In an Overpriced Stock Market

According to two measures of value, the answer is yes—and dangerously so. According to the CAPE ratio, the stock market is 185% overvalued. Another measure, the q ratio, has it at 80%. It has been overpriced only twice: in September 1929, right before the Great Depression, and in March 2000, at the tail-end of the dot-com bubble.

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Money Creation in the Time of Quantitative Easing (Q.E.)

Money Creation In the Time of Quantitative Easing or Q.E.

In capitalism, the government’s role in creating new money is limited. It mostly moves around money that is already in the economy, funds itself by collecting taxes or selling government bonds, and then spends that money back into the economy. So most of the money the government touches is already in the economy.
 

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