Posts Tagged ‘Zero Hedge’
Two Outcomes – A Reminder
In the June issue of the “You May Not Know Report,” a written newsletter delivered monthly to clients of our firm, I outline the Fed’s two policy options moving ahead. Both options will produce a difficult economic and investing outcome for retirees and aspiring retirees. And, both options require an investor prepare for…
Read MoreDepression Parallels?
Depression parallels? Not a comfortable topic to discuss, to be sure. But as my now oft-quoted history professor used to say, “those who don’t study history are doomed to repeat it.” The older I get and the more experience I acquire, the smarter my history professor becomes. Which brings me to this…
Read MoreHappy New Year – New Taxes Await
Happy New Year! And, with the new year comes higher taxes, thanks to the Washington politicians. While I fully expect another difficult year for the economy and investing, the consumer spending-dependent US economy will have to withstand higher taxes in addition to record debt levels and inflation. This from “Zero Hedge” (Source: https://www.zerohedge.com/political/heres-list-biden-tax-hikes-which-take-effect-jan-1):…
Read MoreMetals, Currency and Inflation
Precious metals, stocks, and bonds all rallied last week. Interestingly, the rally in metals occurred after the inflation report came in cooler than expected. This from “Zero Hedge” (Source: https://www.zerohedge.com/personal-finance/core-cpi-inches-lower-40-year-highs-real-wages-tumble-19th-straight-month) The headline CPI printed far cooler than expected at +7.7% YoY (vs 7.9% exp) and down from the +8.2% in Sept. That is the lowest…
Read MoreThe Political Realities of the Taper
This past week, after the Federal Reserve’s Jackson Hole, Wyoming symposium, Fed Chair, Jerome Powell commented on Fed policy. It was widely anticipated that the Fed Chair would discuss the ‘taper’, or the Fed’s plan to slow the rate at which currency is being created. The Fed Chair, in many respects, disappointed. This is…
Read MoreMoney Printing, Politics and an Imaginary Suit
This week, a couple of observations. One, food inflation rose for the seventh consecutive month as I predicted we would continue to see. Dairy products and vegetable oils rose most. This from “Zero Hedge” (Source: https://www.zerohedge.com/commodities/global-food-prices-rise-seventh-consecutive-month) (emphasis added): The Food and Agriculture Organization’s Food Price Index rose for a seventh consecutive month in December, led by dairy…
Read MoreHigher Education and Hyperinflation
In this week’s update, I’ll look at a couple of topics that I’ve examined in previously. I’ll begin with my forecast from earlier this year that at least 1/3rd of colleges and universities would close within five years. While COVID has impacted enrollment at institutions of higher learning, problems existed in the higher education…
Read MoreThe Exodus Continues
The exodus from major cities continues. To follow up on one of the trends that we have discussed in detail over the past couple of months, the migration from the city to the country is intensifying. “The New York Times” published two separate stories on Monday highlighting how moving companies are actually turning away customers…
Read MoreDow to Gold Forecast and the Continued Decline of the Dollar
Stocks and gold both advanced last week, leaving the Dow to Gold ratio unchanged at 14.83. As I stated last week, I continue to stand by my prediction of a Dow to Gold ratio of 2, perhaps even 1. That forecast which seemed radical when I made it, now seems more realistic. The Federal Reserve…
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