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Market-driven tools for asset allocation and strategic investment
![]() HCWE supports the institutional investment community in formulating investment strategies through intelligent use of market data and superior understanding of how markets have behaved over time. Markets forecast Markets! With many decades in the business of capital-market analysis and reporting, HCWE remains one of the most dependable resources for innovative research designed specifically for the institutional investor. We distribute our research findings in a variety of periodic reports with telephone and video conferences and occasional on-site briefings. Find out how HCWE Insight can work for you. Contact us at: +1(978)468-4575 or send us a message. |
![]() R. David Ranson, |
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Don't buy the stock market's "bubble" myth - 03/31/2025 |
A selloff may seem a peculiar time to address the subject of stock-market over-valuation. But only a few weeks ago that seemed all too concerning to many risk-averse investors. In fact, a thorough review of the post-WW II period uncovers no reason to take bubble theory seriously. |
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The astounding cost of progressive income taxation - 03/31/2025 |
Since the 1940s the US income tax has obeyed a remarkable and revealing regularity. However high tax rates have been imposed and however deeply they have been cut, tax collected has been slightly less than 20 percent of GDP. Vast amounts of income are taxed at much higher rates and cost the economy proportionately. |
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The falling dollar, tariffs, and the trade deficit - 04/24/2025 |
The likelihood of permanently higher import tariffs starts a chain of events leading to a reduced trade deficit. But along the way much damage is done to the dollar, inflation, domestic investment and growth. |
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"Market forecasts" for the coming twelve months as of 04/21/2025 |
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"Market forecasts" for the coming twelve months as of 03/17/2025 |
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"Market forecasts" for the coming twelve months as of 04/17/2025 |
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Using oil and gold prices to anticipate the performance of stock-market styles - 03/19/2025 |
HCWE research has recently uncovered a surprising link between equity-market performance and changes in the price of crude oil one year in advance. |
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