Panic! At the Disco

March 24, 2018 by Ehren Stanhope

Making money has been too easy since 2009. It’s about to get harder.

Shifting Monetary Policy

January 04, 2016 by Ehren Stanhope

About this time each year we make resolutions regarding our future goals. We sign up for gym memberships, and swear off those unbreakable habits. We promise to eat salads for lunch, spend more time with family, and read a book a month. All of these things take time, and a lot of it, but require a paradigm shift.

The bubble nobody can resist

June 15, 2015 by Ehren Stanhope

Almost nobody can resist the allure of a market appreciating at triple digits. The rapid increase in the Chinese equity market is driving up global valuations. Even index players are getting into the game. FTSE, the index provider for the popular Vanguard Emerging Market ETF (VWO) has decided to include Chinese A shares in its indexes–further proof that owning a market-capitalization weighted index may be a poor investment strategy. The tech and small cap heavy Shenzhen exchange trades at a price to earnings ratio of 50x. The Shanghai exchange trades at at 33x, and the Hong Kong exchange is at 20x.