Archive for May 2020
Inflation or Deflation?
The Federal Reserve is a little over a week into its program of buying private sector corporate bond ETF’s with newly printed money. Not surprisingly, corporate bonds have rallied. The most important analysis I can provide to my clients and friends in my opinion is the ongoing question of what the ultimate outcome will be…
Read MoreThis is Not Just Another Recession
Last week, I noted that despite the fact that stocks were rallying and it seemed that stocks were getting back to more normal behavior, I thought that the rally in stocks was a bear market rally and my view was more downside for equities moving ahead. That remains my view. Last week, stocks fell more…
Read MoreThe Real Cost of Free Money
While it may seem that stocks and other markets are ‘getting back to normal’, it remains my view that this is the calm before the storm. In other words, I view the current rally as a countertrend, bear market rally that will die out at some point before the next wave down begins. The only…
Read MoreMoney Changes Coming?
Lost in the mainstream media coverage of the corona virus situation are the rather radical currency changes being proposed. It’s no secret to those interested in financial and economic matters that many policy makers and government leaders have long dreamed of a day we have a cashless society. Following the advice of former White House…
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