Does anyone realize how far stocks rallied from 2009 to 2021? The Dow Jones Industrial Average was under 7000 in 2009 and hit over 36,000 in 2021. What is stretched so far one way eventually snaps back the other way? Of course, much of this performance was due to debt, money printing, and abnormally low […]
Tag Archives: US stock market
The stock market can make you rich; it can also bust you out. The United States in the last ten years has seen huge equity gains. These gains can be attributed to innovation, good business models, and mostly debt. Today we have more corporate debt, government debt, and consumer debt than ever in history. All […]
Nearly every investor can appreciate the recent growth in the stock market but also understand that stocks on all major indices stand near record high valuations by nearly every valuation metric. Pundits have been warning of a top to the current market rally for years only to see another year of growth.