by J Thomas Knight | Nov 27, 2023 | Commentaries
Commentary: Week of November 27, 2023 When Argentina entered the 20th Century, its prospects looked bright. On a per person basis, its economy was on par with Canada and Sweden and about two-thirds of the United States. This all changed in 1946 when the country...
by J Thomas Knight | Nov 21, 2023 | Commentaries
Commentary: Week of November 20, 2023 Now that we’re about to enter the Christmas shopping season, expect even more focus than usual on the consumer over the next several weeks. We are supply-siders and so usually cringe when we hear analysts and investors dwell on...
by J Thomas Knight | Aug 29, 2023 | Commentaries
Commentary: Week of August 28, 2023 At the heart of our assessment of the stock market is our Capitalized Profits Model. That model takes economy-wide profits (excluding profits or losses generated by the Federal Reserve) quarter by quarter going back nearly seventy...
by J Thomas Knight | Aug 22, 2023 | Commentaries
Commentary: Week of August 14, 2023 What’s going on with the markets and the economy? Long-term Treasury yields are up substantially since last Fall while the stock market, after a big rally, has stumbled so far this month. Meanwhile, the real economy appears to...
by J Thomas Knight | Aug 9, 2023 | Commentaries
Commentary: Week of August 07, 2023 What would you do if you won the Mega Millions? It’s now up to a record $1.55 billion! We would start a not-for-profit to educate people not to play the lottery. Why? Your odds of winning are 1 in 302.6 million…you are 70 times...
by J Thomas Knight | May 30, 2023 | Commentaries
Commentary: Week of May 29, 2023 The stock market finished Friday on a high note, with the S&P 500 index just north of 4,200 for the first time since August 2022 and up 17.6% versus the market bottom in October. Part of recent gains are related to optimism about...
