“...the U.S. market, which has been soaring on a steady diet of moonbeams, fairy tales and Fed dovishness for the past 3 years...”
Hmmm.....Wonder whose camp Jim Collins sits in????
RE: Hmmm.....Wonder whose camp Jim Collins sits in????
Hard to tell from his background:
I have researched stocks for 27 years, starting fresh out of college at Lehman Brothers and then moving to Donaldson, Lufkin and Jenrette. At DLJ I was a Senior Analyst following US auto parts companies before relocating to London to originate DLJ’s European Automotive coverage and then moving to UBS. I had a decade of sell-side experience, attaining the CFA designation. After years of growing my own portfolio, I founded Portfolio Guru LLC three years ago. I construct portfolios for my clients on a fee-only, separately-managed basis and write about small stocks in my newsletter, MicroCap Guru. My work is also featured on Real Money, the premium portal of TheStreet.com. The Sanskrit root of “Guru” combines “dispel” and “darkness.” I invest solely for individuals, and for them I try to dispel the darkness that emanates from Wall Street. My friends enjoy poking fun at my nom de stock, and when I am not Guru-ing, I enjoy spending time with them, outdoor activities, and sampling NYC.
Funny. I got to wondering the same thing when I read that.
The guy's a pathological liar. They raised the discount rate from 1% to 3% since election day 2016 before undoing the last quarter point increase. They kept it at a microscopic 0.5% for 7 of Obama's 8 years.
I was gonna post about that.
What d.ck.
Millions more jobs and better pay had nothing to do with it.
P/E ratio isn’t even that high compared to history.
But let’s not let facts get in the way.
Steve Forbes et al are fervent Never Trumpers.