-
America’s ERP, Korea & Its Stock Market
Korea On the auspicious date of Friday the 13th of December 2024, I published “4 Stock Market Perspectives”(https://kotokreport.com/4-stock-market-perspectives/). Readers are thanked for their comments. Today, let’s add to that discussion. First, I want to clarify the reference from Bryan Taylor about the equity risk premium. A reader stated, “His forecast was wrong.” I pointed out…
-
4 Stock Market Perspectives
(The following was first published on The Kotok Report website and via LISTSERV. For details, visit https://kotokreport.com/.) “Would A Recession Blindside The Market?” is the title of Doug Ramsey’s December 6th Advisor Newsletter. Doug is Chief Investment Officer of The Leuthold Group and a fishing buddy when our calendars can overlap. I thank him for permission…
-
My Interview with Kathleen Hays on November 6, 2024
David R. Kotok, November 17, 2024 (The following was first published on The Kotok Report website and via LISTSERV. For details, visit https://kotokreport.com/.) Kathleen Hays of Central Bank Central was kind enough to ask for my initial response to the election. Here’s the interview (edited for readability) which was recorded the day after Election Day.…
-
Climate Change, Markets, Economics – Part 1
David R. Kotok, August 18, 2024 (The following was first published on Cumberland Advisors’ website and via LISTSERV. For details, visit https://www.cumber.com/.) A reader chastised me because I asked how Florida business schools are supposed to teach the economic and financial effects from climate change when they are not permitted to mention the words climate change in…
-
Profits, GDP, Markets
David R. Kotok, August 11, 2024 (The following was first published on Cumberland Advisors’ website and via LISTSERV. For details, visit https://www.cumber.com/.) Profits and GDP help explain the stock market rally of the post-Covid period. Corporate earnings come from these profits. The computation of profits in the National Income and Product Accounts (NIPA) are derived from…