VTI News and Press, Vanguard Total Stock Market From 05/27/23

2023-05-27 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. This week, both the short leading and coincident indicators declined back to...

2023-05-26 17:04:08 ET Summary Concern has been raised about the year-over-year decline in the M2 money stock. This decline needs to be considered along with the decline in the velocity of circulation of the M2 money stock which has, so far, offset the decline, itself. The Fed...

2023-05-26 16:03:30 ET Summary Fed policy may be as much determined by what lies behind as by what lies ahead. Banks and other financial institutions are more damaged by past rate hikes than the Fed will admit. The policy paradox is that rates have been raised fast enough to d...

2023-05-26 13:30:00 ET Summary At the present time, I am maintaining a cautious outlook, with my portfolio split almost evenly between cash, bonds, and equities. With respect to the equity portion, I continue to be diversified between U.S. and international stocks. Interesting...

2023-05-25 16:43:19 ET Summary For the past 40 years, the United States and the rest of the world have been facing credit inflation, where asset prices have risen regularly and wealth inequality has grown. Investor and business expectations have been built upon this narrative, and...

2023-05-25 16:34:47 ET Summary Bullish sentiment, expectations that stock prices will rise over the next six months, increased 4.5 percentage points to 27.4%. Neutral sentiment, expectations that stock prices will stay essentially unchanged over the next six months, decreased 4.5 ...

2023-05-24 12:28:01 ET Summary In this article, I look at how financial and consumer markets reacted to the debt ceiling crises of 2011 and 2013, as well as the “fiscal cliff” of 2012. Their reactions were markedly different. During both the 2011 and 2013 crises, lon...

2023-05-24 09:51:04 ET Summary The market's valuations aren't attractive - and it's not just the top 10-20 stocks that are expensive. The consensus estimates for 2H FY2023 earnings may be 20% off. The fall in copper prices and growing inventories of the metal are seen as piece...

2023-05-23 16:15:19 ET Summary The current monetary policy of the Federal Reserve can have implications for both the deficit and the price of gold. Rising debt means fewer economic opportunities for Americans. Rising debt reduces business investment and slows economic growth. It a...

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...