The private sector faces a recession. Wall Street sees a bear market coming. In Washington, tax receipts will fall…as costs continue to rise.
Learn how to defend your financial assets against the wealth destroying monetary policies of the RBNZ, the US Federal Reserve and the rest of the world’s central banks…and discover the best ways to make money in a high or low, interest rate environment.
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?
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
This is a time to prepare. The market and the Fed may be playing a game of chicken. But they are also still heading for the edge of the cliff.
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…
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.
We were waiting for the big Fed announcement on a rate hike. But what happened? No trumpets. No bells. No heralds. None came.
If you have ever played Monopoly, you have probably noticed two things. The game can be really long and the banker — who pretty much controls the game — can never run out of money.
Central banks have no economic magic. No financial panaceas. No money miracles. They can’t really make an economy run better.
The last leaves are falling from the trees. And the last days of December are counting down, like the quiet moments before an execution.
The Fed were planning to ‘normalise’ monetary policy very slowly. They didn’t expect much turbulence. The truth is that it’s not shaping out to be that way. Markets have been jolting all year.