Thanks a Million!

(1) While Buffett’s ratio is sounding the alarm, Buffett is sounding bullish. (2) Shorting America has been a loser’s game. (3) We can all be millionaires in 100 years. (4) CAGR is the 8th wonder of the world, though less so after inflation. (5) Adjusted for inflation, DJIA provides 3% CAGR, a bit less than S&P 500’s real earnings yield. (6) Beware the front-cover curse. (7) Trump’s tax plan revives animal spirits in the stock market, especially among SmallCaps. (8) Hard to find devils in Trump plan without any details. (9) Both fundamentals and technicals are bullish for stocks. (10) Movie review: “American Made” (+ + +).