Monday, October 25, 2021

Should You Buy a Home in the US?

Even at currently elevated US home-price levels, buying still makes sense for those who are set on ownership. But buyers need to be sure that they can accept what could be a rather bumpy and disappointing long-term path for home values.

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Saturday, October 2, 2021

Stock, Bond and Real Estate Prices Are All Uncomfortably High

The prices of stocks, bonds and real estate, the three major asset classes in the United States, are all extremely high. In fact, the three have never been this overpriced simultaneously in modern history.

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Saturday, April 17, 2021

Looking Back at the First Roaring Twenties

We are in a second Roaring Twenties, or so you might think, from the countless comments suggesting that we are entering an exuberant decade that echoes the one of a century ago.

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