What Are Yields Telling Us About Inflation

We all know that Washington plans to spend their way out of this COVID hangover. And the more money they print the higher inflation ultimately should be – right?  Just last week we saw historic readings in the Consumer Price Index (CPI). Yet yields pointing lower!  Check out these important ratio charts below. If inflation…

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Keep a Keen Eye on Small Caps

Last September (9/21/2020), I wrote an article titled “Are Small Caps Rising from the Ashes.” Since that date, the Russell 2000 Small-Cap index, using IWM as a proxy, has all but doubled the return of the S&P 500 – with IWM returning 55.54% compared to 28.07% for the SPX. Here’s a link to that article.…

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