Stocks have gone up a lot in this expansion but so have earnings – on an almost one for one basis. But earnings are volatile and we’ve seen this plenty of times before. In this article at Project Syndicate, Robert Shiller compares the current period to the 1920s and other...
Tuesday's election result was about as expected as you can get in markets. The accepted wisdom going into the election was that Democrats would take control of the House of Representatives and Republicans would retain control of the Senate. Sure, there were scattered articles by Democratic partisans predicting -...