The Fed Is to Blame for Crashing Stock Markets, But Not for the Reasons That President Trump Thinks
President Trump last week placed the blame for crashing stock markets on the Federal Reserve and its decision to continue raising interest rates. The President thinks that’s crazy and wants the Fed to keep interest rates low to keep the economy humming along. And while Trump stated that he doesn’t want to fire Fed Chairman Jerome Powell, the public...
Markets Are Sending a Message – Are You Listening?
If weakness in the stock market earlier this year didn’t wake up investors and make them realize the underlying weak fundamentals of the US economy, hopefully last week’s stock market declines did. Just as much of the stock market’s growth over the past few years has been driven by tech stocks, so has much of the decline been driven...
What’s Keeping Most People From Saving for Retirement?
The dream of every American is to retire comfortably and securely. After decades of working in an office, at a factory, or in a school or hospital, people want to be able to relax and enjoy their golden years in retirement, seeing the sights and having the experiences that they didn’t have time for while they were working. But...
All Signs Are Pointing Towards a Crash – Are You Prepared?
Those of us who criticize the Federal Reserve’s conduct of monetary policy are often ignored and sidelined during boom times. We’re supposedly the ones who are crashing the party, harshing the market’s vibes, always predicting doom and gloom. Well, there’s a reason for that, and that’s because the Fed’s inflationary monetary policy will always end in a recession or...
Continuing Deterioration of Relations With China Could Worsen the Coming Financial Crisis
For anyone hoping for a restoration of normal trade relations between China and the United States, last week’s Bloomberg report on Chinese government hardware hacking came as a devastating blow. If the allegations are true that Chinese spies managed covertly and surreptitiously to place microchips into servers used by Amazon, Apple, and other large American corporations, that will just...
Dig Behind the Numbers to Find the Best Investments
While most investors know that past performance is no predictor of future performance, they nonetheless look at past performance as a potential indicator of the future. Particularly when you’re looking at mutual funds or index funds, judging fund managers on their ability to pick the right assets for a fund can be a very important part of doing your...