By: Thorsten Polleit The US bond market trades at a quite high valuation. For instance, the 10-year US Treasury bond presents a price earnings (PE) ratio of 43. In other words: It takes 43 years for the investor to recoup the bond’s purchase price through coupon payments; the bond market’s PE ratio even went up […]
Archives for May 2017
Murray Rothbard responds to Donald Trump: ‘I don’t care about trade deficits’
President Donald Trump sent out a tweet on Tuesday morning, lamenting on the U.S. trade deficit with Germany and the nation’s inability to pay their fair share of NATO (just disband the whole thing). Like any other Trump tweet, it was a mix of fallacy and truth. It’s true that Germany should take on a […]
Marc Faber: U.S. has ‘a bubble in everything’
Amazon shares recently hit $1,000. Bitcoin reached a record high. The Dow Jones continues to stay above the key 20,000 recently hit $1,000. Bitcoin reached a record high. The Dow Jones continues to stay above the key 20,000 threshold. Real estate is surging again. This is the result of a Federal Reserve-fueled economy: bubbles. Ostensibly, […]
Pleasing the customer helps Amazon stock top $1,000
Do you know what happens when you please the consumer? You make a lot of money. It’s as simple as that. In the world today, there is probably no other company that pleases the shopper more than Amazon.com. This business model has helped the company’s shares top $1,000 for the first time in the company’s […]
What is Donald Trump’s IQ? Jordan Peterson explains (video)
To the left, President Donald Trump is an imbecile who can’t even tie his shoes. Also to the left, President Donald Trump is a maniacal, evil genius who is out to destroy the world. Which is it? Renowned Canadian professor Jordan Peterson, who is taking on the whacky left north of the border, sat down […]