One of the hardest distinctions for investors is separating a crowded trade from a bubble. A bubble typically rests on fantasy: minimal earnings, no durable cash flows, and little path to justify ...
Long before gold was used as currency and minted into coins, it was an object of immense value to the ancient civilizations of Egypt and Sumer. It was highly prized for its scarcity, malleability, and ...
The oil markets possess an innate, historical tendency to overshoot to structural extremes before undergoing a violent turnaround, both on the upside and the downside. We are currently witnessing this ...
Well, it’s been somewhat of a bifurcated week. The Dow’s doing okay, but the S&P and the NASDAQ are pulling back. Let’s find out where we’re going with the market. Joining us from Market Gauge is Mish ...