Rising inflation could signal the end of this bull market Published by Hilliard MacBeth on Feb 25, 2022 Persistent increases in inflation signal the end of this bull market. The increase in inflation will push interest rates higher and stock market valuations will come down. The Markets Live segment of Bloomberg published a chart a few days ago that caught... Read more
An invasion by Russia into Ukraine could rattle stock markets Published by Hilliard MacBeth on Feb 18, 2022 The potential military conflict between Russia and Ukraine continues to escalate. Military conflicts usually cause markets to get more volatile for a time. But would an invasion of Ukraine by Russia precipitate a market crash? Members of Ukrainian forces... Read more
Inflation expectations are still too low Published by Hilliard MacBeth on Feb 11, 2022 Economists are underestimating inflation. The consensus is for inflation to drop to 2.9 percent by the end of 2022. But that consensus should be viewed with suspicion. How should investors act if we get higher inflation instead? The consensus of economists... Read more
Grantham makes a bold and scary prediction Published by Hilliard MacBeth on Feb 04, 2022 The end of this bull market has arrived. Recently Jeremy Grantham described how this extreme valuation in the stock market, bond market and some housing markets is a very rare event. And he claims that it is over. Grantham first came to my attention at... Read more