![]() | Peaking stock buybacks is consistent with the early stage of a long bear market. Intraday on April 27, the S&P 500 is trading 12.10% lower than it was at the start of the year. Right — not a huge setback — but negative nonetheless. Of course, it’s always possible that this is just the start… Read more Stock Buybacks Peak at the Top |
Month: April 2022
Why Is the Stock Market Falling?
![]() | “Why Is the Stock Market Falling?” — (Not Because of These Reasons) Financial journalists almost always mention “reasons” for a given day’s market action. For example, on April 22, an intraday Marketwatch headline gave two reasons for that day’s plummeting prices: Why is the stock market falling? Dow drops over 500 points as investors weigh… Read more Why Is the Stock Market Falling? |
Why US Housing Market is Set to Decline
![]() | Pending home sales provide a reminder of 2005-2006 Most everyone knows that the housing market has been booming in the U.S. However, if history is a guide, expect U.S. home prices to significantly decline. Why? Well, pending home sales have slowed. And the trend in home sales tends to lead the trend in home prices.… Read more Why US Housing Market is Set to Decline |