VTI News and Press, Vanguard Total Stock Market From 05/23/23

2023-05-23 10:54:39 ET Summary From my experience, the up and down patterns formed by the price movements of the market, called Elliott Waves, are unpredictable in themselves. In practice there are simply too many possible extensions, corrections and "alternate counts" to be predi...

2023-05-22 14:25:06 ET Summary The investment community does not seem to think that the U.S. government will default on its debt. The most common feeling seems to be that the government will not "screw up" and tumble into default, and this view appears to be reflected in the stock...

2023-05-22 09:00:00 ET Summary The unweighted Nasdaq 100 chart has collapsed during February-May, signaling the bear market will resume any day now. The Nasdaq advance/decline line and new high-low setups are horrifically weak, historically indicative of an immediate selloff. ...

2023-05-21 06:10:55 ET Summary The granddaddy of investor surveys, which goes back 60 years, is the Investors Intelligence survey of newsletter writers. It’s pointing to continuing higher prices. History shows that major lows in the stock market are best located using measu...

2023-05-20 08:00:00 ET Summary High frequency indicators can give us a nearly up-to-the-moment view of the economy. The metrics are divided into long leading, short leading, and coincident indicators. Several short leading and coincident indicators improved this week, enough t...

2023-05-19 19:06:10 ET Summary How fast is money being spent on real goods and services? Up until the time that the Federal Reserve began to tighten up its monetary policy, people were directing more and more of their money into the acquisition of assets. Now, that seems to ha...

2023-05-19 18:08:32 ET Summary There's a lot fear, uncertainty, and doubt being passed around in light of the debt ceiling and de-dollarization. These responses are mostly unreasonable. And history shows why. Either way, the U.S. enjoys a TINA - there is no alternative - status th...

2023-05-19 14:20:25 ET Summary The Federal Reserve continues to reduce the size of its portfolio of securities held outright. Quantitative tightening has been going on for more than a year now. Still, however, there is a lot of liquidity in the banking system, an amount that may t...

2023-05-19 07:30:00 ET Summary We look back at three different analyst consensus earnings estimates for the S&P 500 published in October of 2022 and compare them to the actual earnings reported. We then look at the earnings these same three estimates are predicting for 2023 ea...

2023-05-19 01:13:50 ET Summary Robert Lucas, Nobel-winning economist, has written about how macroeconomic policies can end up having results not necessarily desired by the initiators of the policies. The massive growth in income/wealth inequality is closely connected with the "cre...