Gerald Asplund 5/17/24 Gerald Asplund 5/17/24

U.S. Stock Market Extremely Over-Valued

Four charts outlining the extremely high valuation of the stock market in 2024.

Gerald Asplund 12/31/21 Gerald Asplund 12/31/21

The Everything Bubble

The Fed has created a bubble in real estate, the bond market, and the stock market through money printing and artificially holding interest rates low.

Gerald Asplund 10/1/21 Gerald Asplund 10/1/21

SEE-SAW: THE TECH BUBBLE AND A PIVOT TO VALUE

Avoid the bubble, shift to the other side of the see-saw and avoid excessively valued stocks.

Gerald Asplund 4/11/21 Gerald Asplund 4/11/21

VALUATION UPDATE

Stock market valuations have reached epic levels

Gerald Asplund 3/31/21 Gerald Asplund 3/31/21

TECHNOLOGY UPDATE

Technology is in a bear trend in multiple categories.

Gerald Asplund 3/29/21 Gerald Asplund 3/29/21

VALUATION UPDATE 2021 Q1

Excessive money printing can lead to a major stock market correction.

Gerald Asplund 7/14/20 Gerald Asplund 7/14/20

VALUATION UPDATE Q3 2020

Stock market valuations are at the 1999 technology bubble highs

Gerald Asplund 4/30/20 Gerald Asplund 4/30/20

VALUATION UPDATE 2020 Q2

Although the stock market has had a big correction, valuations remain in record high territory.

Gerald Asplund 4/28/20 Gerald Asplund 4/28/20

S&P 500 NOW MORE CONCENTRATED IN THE TOP 5 THAN EVER

Greatest concentration of stock market capitalization in the fewest names.

Gerald Asplund 1/13/20 Gerald Asplund 1/13/20

LARGE PERCENTAGE OF PUBLIC COMPANIES ARE UNPROFITABLE

Cheap debt has propped up hundreds of companies that are not profitable.

Gerald Asplund 12/18/19 Gerald Asplund 12/18/19

VALUATION UPDATE 2019 Q4

Stock market valuations remain at generational highs.

Gerald Asplund 11/18/19 Gerald Asplund 11/18/19

CORPORATE EARNINGS HAVE BEEN FLAT FOR MANY YEARS

Corporate profits have been flat for 8 years.

Gerald Asplund 5/9/19 Gerald Asplund 5/9/19

SHILLER CAPE RATIO 2ND HIGHEST LEVEL IN HISTORY

The Shiller CAPE Ratio is higher than 1929 and the second highest in history.