Great chart here via Joe Weisenthal. The S&P 500 hasn’t had a -1% day since December. The equity market is beginning to feel like one of those “can’t lose markets”. As the old saying goes, the trend is your friend until it bends.

I know it’s all the rage to be super optimistic about the economy right now, but as one of the few people who cited double dip fears as vastly overblown [ … ]

After record bear and bull markets in both real estate and gold, the real estate:gold ratio might be telling us that we’ve reached an extreme trough in real estate prices. The ratio hasn’t been this low in over 30 years

Like small investors (see here), advisors are largely bullish.  It appears as though the fears of recession have now turned into a near unanimous optimism.  The latest Investor’s Intelligence survey [ … ]

Investor sentiment tends to move in broad cycles.  One of my favorite ways to gauge this cycle is using my Wall of Worry indicator which sums a number of different [ … ]

The odds of recession are declining substantially.  At least that’s the story Intrade is telling us.  Intrade is an online market that trades mostly political events, but a range of [ … ]

Inflation pressures remain subdued according to the latest inflation data out of the ECRI.  The ECRI is one of the few companies that provides a reliable independent inflation gauge.  The [ … ]