On The Fourth Of July: Bullish On America

It is a question that is often raised as we progress through the 21st century. Knowing that the 1800s is widely regarded as the British Imperial Century and the 1900s is generally seen as the American Century, what is the country that is best positioned to lead the global economy for the rest of the 21st century that lies ahead? This is a question that is not centered on anything that is happening right now or even what we can expect over the remainder of the decade. It is the ultimate long-term view question. And the possible answers are boundless. But when asked what country has the greatest potential to lead the global economy in the 21st century, my answer is simple: The United States of America.

Please click on the link to read more of my article on Seeking Alpha.

Less Than Zero: The Case For Cash

Investors receive virtually no direct reward for holding cash in the current market environment. Thanks to the Fed’s zero interest rate policy that has been in place since December 2008, the interest earned for holding cash has fallen to effectively nothing even on the largest of balances. And with the stock market soaring to record highs in recent years during a time when annualized inflation has been running anywhere between +1% to +4%, the opportunity cost associated with holding cash has been dear to say the least. But despite all of these challenges, the case for holding cash may be growing stronger with each and every point that is added to the S&P 500 Index.

Please click on the link to read more of my article on Seeking Alpha.

This Is When The Bear Growls

Some investors are understandably nervous. Following a more than five-year bull market in stocks that is already built on the shaky foundations of a sluggish economy and corporate revenue growth, some investors are bracing for the potential of a meaningful correction. They feel like it could come at any time, particularly with the Fed continuing to scale back on QE related asset purchases, coupled with the fact that valuations are also a bit rich and the stock market has not experienced even a mild correction in excess of -10% for a historically long three years and counting. But when exactly might such a swift correction, even if it were of the mild and fleeting variety, finally take place. History provides some notable clues.

Please click on the link to read more of my article on Seeking Alpha.

Market Lessons From Iraq, Bergdahl And Cantor

The news headlines over the last few weeks have been filled with several notable headlines. Leading among these is the outbreak of sectarian fighting in Iraq, the recent release of U.S. Army soldier Bowe Bergdahl and the stunning primary upset of House Majority Leader Eric Cantor. Underlying each of these newsworthy events are important central lessons that can be applied to investment markets today.

Please click on the link to read more of my article on Seeking Alpha.

The Worst Bear Market Is Yet To Come

The U.S. stock market closed at yet another record all time high on Wednesday. But despite the seemingly unending investor optimism more than five years into the current bull market, some worrisome issues are continuing to build under the surface. Like all past bull markets, the latest episode will eventually come to an end and a new bear market will begin. It may begin tomorrow, sometime before the year draws to a close, or perhaps even longer. But once it begins, the next bear market has the potential to be even worse than the two previous downturns since the start of the new millennium.

Please click on the link to read more of my article on Seeking Alpha.

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