Really happy to point you towards my latest piece for Fortune Magazine

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Last night – at midnight – I flipped on Netflix and binge-watched season one of Carl Icahn’s new show, The Danger Ahead. Some observations: *I like the cast. Carl Icahn is a strong leading man and Carl Icahn is an excellent foil for him to play off of. I don’t know what it is about…

A couple of weeks back, I dropped an atomic bomb on the idea that historical valuation across decades carries an appreciable amount of implication or signal for investors. My argument was grounded in common sense – one thing I’ve learned from years of studying the history of markets is that it’s not different this time,…

Can’t sum it up better than that.

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via Business Insider, September 22nd: In a press briefing on Tuesday, Mike Wilson, chief investment officer of Morgan Stanley wealth management, said consumer behavior was starting to show signs of excess as the economic recovery reaches its later stages. Here’s Wilson (emphasis added): “Consumers are feeling pretty good, and they are starting to spend money again,…