Posts Tagged ‘GDP’
More Inflation Followed by Deflation
Last week, here in “Portfolio Watch,” I provided evidence that we are in the ‘inflation followed by deflation cycle’ that I forecast in my 2011 book “Economic Consequences.” At this point in time, there is evidence of both. First, events this past week point to the Federal Reserve will have to reverse course…
Read MoreForecast: Stagflation
One indication that the US and world economy is not as healthy as many pundits would have you believe is the distribution of wealth – or lack thereof in the younger segments of the population. For purposes of this article, a baby boomer is defined as someone born between 1946 and 1964, and…
Read MoreThe Metric is Flawed
It’s an often-overlooked point: currency devaluation makes reported economic data appear better than it really is. Stated differently, when the measuring stick or metric used to measure anything is changed, reported data changes by virtue of a changing metric regardless of the actual data. Let me give you an example that I…
Read MoreSoft Economic Landing? Not a Chance
I have long held that the economic boom we’ve experienced since the time of the Great Financial Crisis of 15 years ago has been largely the result of the artificial, easy money policies that the Federal Reserve and other central banks around the world have been pursuing. While there are those who think…
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