ETF Update: Are you missing the rally?

How has your portfolio been doing?   If you are not happy with the answer, it might be time to ask why. Best Use of ETF’s We know that many investors and fund managers have been caught in the negativity bubble.  They focus on a macro-economic debate, mostly between economists and non-economists.  Regular readers know that […]

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John Hussman and the Fed Model

John Hussman has written a piece about market valuation and the Fed model that breaks some new ground.  It is sufficiently different from his past work to deserve some special attention. Background At "A Dash" we believe that thinking about valuation is important.  Some idea of overall market valuation helps both individual investors and traders […]

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Critics of the Fed Model

Yesterday’ we took note of the Bloomberg story, Cheapest Stocks in Two Decades Signal Bull Market, which quoted several large and successful fund managers.  This story stimulated a post from Barry Ritholtz at the Big Picture, where he said that the Bloomberg story was based upon the “flawed Fed Model.” This is a timely occasion […]

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