Joseph Calhoun

But how do we know when irrational exuberance has unduly escalated asset values, which then become subject to unexpected and prolonged contractions... - Alan Greenspan, The Challenge of Central Bankin

The election this week appears to be a tossup, the outcome dependent on how a few swing states vote. The polls, whether national or focused on a single state, show totals for each candidate mostly within the margin of error. Betting markets have been showing a more definitive leader, with all of them Read Full Article »

To everything turn, turn, turnThere is a season turn, turn, turnAnd a time to every purpose under HeavenA time to be born, a time to dieA time to plant, a...

To everything turn, turn, turn There is a season turn, turn, turn And a time to every purpose under Heaven A time to be born, a time to die A time to plant, a time to reap A time to kill, a time to he

I don’t spend a lot of time trying to predict the future, mostly because, as I pointed out just last week, I’m not very good at it.

I don't spend a lot of time trying to predict the future, mostly because, as I pointed out just last week, I'm not very good at it. There's no shame in that and it doesn't impair my ability to invest;

The S&P 500 is trading at 25 times this year’s earnings and 21 times next year’s estimate, with expected long-term earnings growth of 12-14%. Click to read.

This is not just an artwork; it represents a cultural phenomenon that bridges the worlds of art, memes, and the cryptocurrency community. I believe this piece will inspire more thought and discussion

As is my usual practice, this will be my last commentary for the year barring big news (and most “news” isn’t, especially that of the market variety).

As is my usual practice, this will be my last commentary for the year barring big news (and most