D.R. Barton

Almost every week someone asks me whether or not this is the market top and every time I have a similar answer – until the money stops pouring in, none of the “lesser” issues matter very much. Technicals, sentiment, geopolitical issues, Covid news – all of that has had fleeting effects on the equity markets. Why? The power of using the narrative to inform our investing choices is as evident as ever. Today, we’re going to touch on the current narrative briefly and review a few charts that show what …

Forecast: “Money Storm” Continues Its Downpour By, D.R. Barton, Jr. Read More »

Earlier this month, we talked about recent and potential future financial bubbles. There has been, what I’ve called, a “money storm” in the U.S. (and similarly in many other countries) coming from continued Federal Reserve monetary stimulus and from fiscal stimulus delivered by congress. Here’s a picture of the ongoing massive expansion of the Fed’s monetary injection: Note that the current amount of Fed Total Assets is $8.24 trillion—an incredible 9x times bigger than September 2008. We know that congress has provided three rounds of stimulus to combat the economic …

Sector Bubble Watch Part II: Stock Watch + Other Risk Assets By, D.R. Barton, Jr. Read More »

A month ago, I wrote about inflation concerns that had pushed the markets down to key support levels in an article entitled “Is Inflation Transitory and Can the S&P 500 Hold the Line?” Here is the original “hold the line” chart: And now we have the answer to that question: The line held, coinciding directly with the reduction in inflation fears. Today I’m going to run you through a “chart-heavy” look at some inflationary forces and make the case that market participants are betting, for the near to intermediate-term, that …

Inflation Concerns What Are Traders and Investors to Do? By, D. R. Barton, Jr. Read More »