The Wealth Code 2.0 Blog

2018 Is Officially “The Worst Year On Record” With 93% Of All Assets Down

by Tyler Durden Fri, 12/21/2018 – 07:45 Two months ago we first showed what Deutsche Bank dubbed “a quite fascinating statistic” namely that as of the end of October, 89% of assets that the German bank collects data on for its annual long-term study, had a negative total return year to date in dollar terms. […]

‘You’ Are Different This Time

Authored by John Coumarianos via RealInvestmentAdvice.com, You don’t always see a respected member of the financial commentariat argue that it’s different this time. But that’s almost what Morningstar’s Christine Benz has done in an excellent recent article. What Benz means is that you’re different now than you were during past market cycles. More specifically, you’re older now […]

How some companies manipulate share buybacks to inflate earnings

By Mark Hulbert Published: Sept 24, 2018 8:46 a.m. ET Accelerated Share Repurchases can turn a quarterly miss into a stock-boosting beat Not all company share-buybacks are created equal. Investors can gain a crucial advantage by taking this into account. And it takes surprisingly little effort to do so: less than 10 minutes of analysis […]

The Crash Of 1929: “Can It Happen Again?”

Fri, 04/27/2018 – 21:35 Submitted by GnS Economics In the 4th of February, we published a blog entry detailing the similarities of the current stock market environment with that before the stock market crash in 1987. On February 5th, the Dow Jones Industrial Average (DJIA) experienced the worst daily point decline of its history. Since then, the stock market […]

Residents Of This State Pay The Highest Taxes In The US

by Tyler Durden Sat, 03/17/2018 – 21:33 Last week we reported  that residents of New Jersey were about to enter the 9th circle of financial hell as the state, fast approaching a fiscal, economic and budgetary catastrophe, was preparing to raise taxes on “almost everything.” But if New Jerseyans are approaching a tax inferno, residents of Illinois are already […]

Peak Hubris

Authored by Michael Lebowitz via RealInvestmentAdvice.com, In the past month, two well-known and highly respected money managers have made confident assertions about the markets. Their comments would lead one to believe that the future path of the market in the coming months is known. Sadly, many investors put blind faith in the words of high-profile, […]

Only 1 stock-market sector has experienced real earnings gains in the past 12 months

By David Trainer and Sam McBride Published: Jan 28, 2018 1:12 p.m. ET Only the tech sector saw economic earnings rise Getty ImagesReal or an illusion? We’ve written before about how the “earnings recovery” in U.S. equity markets is an illusion. Accounting earnings may have rebounded from 2015 lows, but economic earnings—which reverse accounting distortionsand account for the weighted average cost of capital […]

How the new tax law changes Roth IRA conversions

By Ed Slott Published January 23 2018, 4:25pm EST The new tax law signed in December may affect the way you and your clients evaluate the pros and cons of Roth conversions. Among the biggest changes: Beginning in 2018, Roth conversions cannot be undone. Lawmakers repealed Roth recharacterizations, which previously enabled Roth conversions to be reversed. Quote “Overall, […]

Opinion: The driver behind the rocketing U.S. stock market probably isn’t what you think it is

By Robert J. Shilller Published: Jan 23, 2018 10:19 a.m. ET Robert Shiller looks at CAPE and says don’t credit the ‘Trump effect’ or the tax cuts Getty Images NEW HAVEN, CONN. (Project Syndicate) — The level of stock markets differs widely across countries. And right now, the United States is leading the world. What everyone wants […]

t’s Official: Bitcoin Surpasses “Tulip Mania”, Is Now The Biggest Bubble In World History

by Tyler Durden Dec 12, 2017 9:16 AM One month ago, a chart from Convoy Investments went viral for showing that among all of the world’s most famous asset bubbles, bitcoin was only lagging the infamous 17th century “Tulip Mania.” One month later, the price of bitcoin has exploded even higher, and so it is time […]