What happens to the money the feds tax away from the elite? Where does it go? Back to its rightful owners? Does it boost working-class wages?
Should you prepare your wealth for inflation, deflation, or some measure of both?
Here you’ll find some interesting perspectives on the steps you should take to keep your portfolio afloat.
Untying the US economy from China is not possible. The relationship is sick…but symbiotic. The US provides the fake money. China provides the cheap stuff.
The private sector faces a recession. Wall Street sees a bear market coming. In Washington, tax receipts will fall…as costs continue to rise.
In America today, it is almost impossible — politically — to cut government spending or to raise taxes. That leaves debt as the only way forward.
The US government funded the boom of the last 30 years with debt — which increased, year after year, 2-4 times faster than the GDP needed to pay it.
Assets, markets, companies, and empires rise and fall. But now comes the most absurd myth of all — that the feds can ‘manage’ and ‘guide’ the economy,
One smart cookie believes we should keep interest rates at zero. But how can we do that and not have crippling runaway inflation?
A big, new danger appeared in Congress this month: Alexandria Ocasio-Cortez, the newest representative of New York’s 14th district.
Stocks advanced a little yesterday. Investors were said to be hopeful about the upcoming trade talks with the Chinese. With a little luck, President Trump will talk to Chinese President … Read More
Both Trump and Powell will do all they can to save this market. Both are avoiding a bloodbath because the blood will splatter on their own white shirts.
The stock market may have resumed its selloff sooner than we expected.The Dow fell 660 points after Apple announced weak sales — mostly in China.
After a week at the family farm, we had come back to the city for New Year’s Eve. But hardly had the new year begun when the echoes of the old year filled the streets…
In the Standard and Poor’s Global Financial Literacy Survey, New Zealand was placed 11th in the world for financial literacy, with 61% passing the test. That still leaves a lot of room for improvement.
Well, we were wrong. We figured the Fed would pause now. Instead, it went ahead with its rate hike and suggested it would pause in 2019.