“Many that are fallen shall be redeemed, and many shall fall that are now in honor.” Horace 20 B.C. During the late 1990’s, tech stocks reached valuations that nobody could explain. While most people saw the dynamically changing marketplace and felt the extraordinary impact of the internet, traditional valuation metrics such as P/E...Read More

When markets become volatile my job gets a lot more exciting and this year is off to a good start, so I thought I’d continue the education process.  Emerging markets are experiencing extreme volatility out of concerns that money is flowing out of their economies, making them unable to pay off debt in U.S. dollars. ...Read More