The unemployment rate is one of my favourite indicators for measuring the level of advance of an economic cycle. When it is high, with the risk of inflation increasing, excess of monetary restrictions or speculative bubbles are less probable and so the chance of change on the direction of the economic cycle tends to be…

Is Russell 2000 overvalued? This is the question that we answer in the last six articles. In this publication we put them all together trying to provide a more completed view of the issue to the readers. In most cases, nobody is surprised to hear that American equity markets are, if not overvalued, at least more expensive…

There are some current factors like Trump’s tax reform, infrastructure investment programme and trade tariffs, that most probably have affected the asset valuation in the last months. The question is if the impact of these Tump’s policies is so relevant to compensate the apparently overvaluation that American equity markets seem to have. However, Russell 2000…