investing on the waves

 Marieke Stellinga tries to explain (NRC November 22) with theory of Stantcheva (Tinbergen lecture) what is going on in economics with the b...

Always buy, never sell was the winning advice for buying Japanese equities for decades, until 1990. Until it failed for decades. Now it is c...

1998/1999 is the most popular. You have a tech bubble, now in AI, then in internet. There were some major disturbances that didn't hurt ...

 Jurrien Timber The median bull market lasts about 30 months and produces a gain of 90%. The current one is up 88% in 35 months That is what...

 Voters are angry in many countries and that is because the system is no longer working well for them, at least in their eyes. So populism h...

 I'm too lazy for updating this blog. Now I want to give it a new try. The forecast of the real S&P500 in 2009 was better than  ever...

Why growth in the world will not be as high as in the past It is not necessary for economic growth to be so low in the coming years, ...

Ter Veer and I always judged in which phase we were in the cycle. The current cycle is lasting too long as happens often when you have had...

Business Insider had some nice slides where several gurus showed their chart of the year. The above of Matt King shows how the S&P500 ...

The intention is to give forecasts for possible trends that are underestimated by the market according to us. 1. After a weak H1 US eco...

Optimistic chart of the S&P500 corrected for inflation on a logarithmic scale (as above in the blog). Since December 2009 (publicatio...

1. The hope rally of surplus liquidity The most important last week was the analysis that with some patience one should have to get more...

George Minack of Morgan Stanley as usual had nice charts with the accompanying gloomy and dreary analysis. How things are going in the US...

Many people fear that after the fiscal cliff of 2013 the US is in the same situation as in 1937. After the tremendous Roosevelt government s...