Gerald Asplund 7/14/22 Gerald Asplund 7/14/22

Recession, Stagflation, and Falling Stock Prices

Two quarters of negative GDP growth in a row is the standard definition of a recession.

Gerald Asplund 5/10/22 Gerald Asplund 5/10/22

The Correction Began In 2021

The loss of momentum, leading to a stock market correction, was clear by the summer.

Gerald Asplund 4/1/22 Gerald Asplund 4/1/22

Bear Trend Likely to Continue?!

Stock markets broadly are in a bear trend, exhibiting lower highs and lower lows.

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 12/27/21 Gerald Asplund 12/27/21

Washington DC has printed trillions, creating an epic stock market bubble

Excessive Money Printing Funnels into the Stock Market

Gerald Asplund 9/28/21 Gerald Asplund 9/28/21

ROBOTS CONTROL TRADING

Up to 80% of the volume on the stock exchanges is computerized trading.

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 7/16/20 Gerald Asplund 7/16/20

HIGHCROFT WEALTH SHIELD PROTECTS ACCOUNT VALUES

Highcroft’s Wealth Shield discipline helps to prevent capital losses.

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 3/28/20 Gerald Asplund 3/28/20

BEAR MARKET RALLIES

Some of the quickest and largest stock market rallies are during bear markets.

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

VALUATION UPDATE 2019 Q4

Stock market valuations remain at generational highs.