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It’s a Math Thing. How Ex-Items Accounting & Stock Buy-Backs Prove Over-Valuation in the S&P

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It’s a Math Thing. How Ex-Items Accounting & Stock Buy-Backs Prove Over-Valuation in the S&P

Ridiculous. Accounting is pretty boring. And these markets are exciting. Yet if we overlap the boring with the exciting, we

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Market risk takes many forms, from stocks and bonds to politics, currencies and social fracturing. Below, we pause to look

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The Big Lie—“Booming” Wall Street Profits and Earnings…

  Below, we look at GAAP vs Ex-Items accounting as well as the math behind Wall Street profits and earnings

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