The US Stock Market has Never been this Expensive - Ferenc Shares Special 250th Independence Day Message!

The US Equity Market Valuation has hit the highest level ever recorded! This combined metric includes P/E, Forward P/E, Shiller P/E, EV/EBITDA, Price-to-Book, Price-to-Sales, Q Ratio, Return on Equity (RoE), and the Warren Buffett Indicator. The US Equity Market Valuation metric has hit the 80% …

The Federal Reserve Puts Markets on Notice of Possible Rate Hikes. How to Increase Index (Growth) Annuity Returns 2-3X.

Inflation has increased for the third consecutive month. Historically, inflation happens in waves. The recent Federal Reserve meeting was the first one with the new Chairman, Kevin Warsh. Following are the highlights:   1. Half of the Fed Governors projected a rate increase in 2026   2. None of the…

Large IPO Prices Historically Drop Significantly after their Debut

IPO's over the past 45 years that debut above 40x sales underperform the market by 58% over the next 3 years. SpaceX IPO initial price was about 90x sales. The lower the price to sale ratio, the better the returns long-term. The top 10 largest IPO's price dropped an average of 35% in 6 month…

The SpaceX IPO May be the Largest Insider Sell Event in a Decade

Apple went public in 1980 at 15X revenue.SpaceX is scheduled to go public on 6.12.26 at 100X revenue. The market cap is estimated to be $1.5 -2.0 trillion valuation. This would be higher than Microsoft. SpaceX would be the third largest company by market cap in the US, behind only Apple and Nvidia.…

The AI Bubble is Showing Serious Signs of Cracking

Stock valuations have almost never been higher. - The Buffet Indicator is at 233, the highest ever recorded. Market cap to GDP has never been higher. - The Schiller Adjusted Price to Earnings ratio is the second highest recorded in 145 years. At current valuations, it would take over 40 years to re…

Long-Term Bond Yields are Hitting Record Highs Worldwide

The bond market worldwide is in crisis. The US 30 Year Bond recently rose to 5.2%, the highest since 2007. The UK 30 Year Bond is the highest since 1998. The Japanese 30 Year Bond is the highest level ever recorded. The primary reason is debt in the western world is at the highest levels ever recor…

FHA Provided Zero Down Mortgages to Non-Citizens During the Biden Administration

The Federal Housing Administration (FHA) recently disclosed that they provided zero down mortgages to H-1B visa holders and other non-citizens during the Biden administration. The Trump administration shut this down in June 2025. FHA used programs designed to help low income US citizens purchase a …

The S&P 500 Hit a New All-Time High. What is Happening with the Economy?

The S&P 500 has increased about 16% in the past month to a new all-time high.The earnings have been strong. The recent unemployment numbers are phenomenal!The economy is showing signs of strength, yet significant volatility remains.Nearly every market measurement is at extreme high levels. Risk is …

US Supreme Court Decision will Massively Change the US House of Representatives

The US Supreme Court ruled that states can no longer use race to draw congressional districts. 20-30 house seats are represented by districts drawn to represent minorities. The court ruled this violated the Equal Protection Clause and the civil rights of the majority of voters. Democrats have benef…

The Conditions for the Next Civil War are Being Put in Place

Two things have caused me to be concerned about conditions that could lead to the Next Civil War.Hope it does not happen. Not encouraging violence. Using common sense, historical insight, human behavior.1.Virginia redistricting   - Everyone gerrymanders   - 51% disenfranchised 49% of voters in VA  …