Consequences of Debt Excesses and Irresponsible Currency Creation

          Debt has consequences.  As does currency creation to temporarily mask the economic effects of excessive debt.           While an entire book could be written on how the consequences of debt and high levels of currency creation will manifest in the months and years ahead, in this issue of “Portfolio Watch,” I will examine two…

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Is This the Future for Stocks?

             Stocks staged a strong rally last week on a percentage basis.  There could be more upside in this rally that I view as a countertrend, but there doesn’t necessarily have to be.  I expect that there is more downside for stocks ahead.  Likely, eventually a lot more downside.             I have often discussed the…

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