Archive for September 2021
More IRA Changes Coming
This week’s post will be a bit different than what you are used to seeing each week. This week, I want to bring you up to speed on some proposed changes out of Washington relating to Roth IRA accounts. I’ve often stated in this weekly publication and on my radio program and podcast…
Read MoreDebt Consequences
Worldwide debt is at record levels. When the currency creation stops or slows, I expect to see an ugly deflationary environment emerge as the debt is purged from the system. It doesn’t take an economist to realize that when there is too much debt to be paid, some of it won’t be paid. …
Read MoreWhat Will the Next Recession Look Like?
I have frequently commented on my belief that the economy and financial markets are extremely artificial, with asset prices rising largely due to massive levels of currency created by the Federal Reserve. Artificial economies and artificial markets always, eventually reverse following the basic rules of finance and economics. I have often quoted…
Read MoreStocks and the Fed
As I was doing the research this week that I do every week, it struck me as to how tightly correlated the performance of stocks is to the balance sheet of the Federal Reserve. The chart on this page is a chart of an exchange-traded fund that tracks the performance of the Russell 3000,…
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