My Comments: Yesterday, I decided it was time to think about moving my clients out of cash and back into the markets. At least with some of their money. Now, once again, I’m not so sure. If you are retired, or about to be retired, and have the ability to control the investments made inside …
Continue reading Opinion: This Market Bubble is About to Burst
My Comments: This chart shows the decline, in relative terms, of the number of people who define the US labor force over the past 30 years. Without population growth, it's very hard to maintain economic strength. So I find myself strangely untroubled by President Bannon, the avowed Leninist now more or less running the White …
My Comments: As an economist, I readily acknowledge that political parties and recessions have little to do with each other. There are too many other variables that result in economic downturns. But the records suggests they are somehow correlated. We are due for one, and if history is any indication, Trump will have the pleasure …
My Comments: The greatest economic threats to the health and welfare of the world I will leave to my grandchildren will arise from the disparity between the haves and the have-nots. One side of this argument arises from the contempt that was pervasive across the planet toward a political movement driven by what came to …
My Comments: Is it OK to be cynical from time to time? I hope so. The primary message that came out of the Trump campaign for the White House was that no one in Washington gave a damn about the working poor of America. That a large group of Americans had been left behind and …
Continue reading Surprise! The Economy Is Looking Pretty Good Right Now
Stocks have only been this expensive during the crash of 1929, the tech bubble of 2000, and the last financial crisis in 2008-09 My Comments: Economics 101 teaches us that owning shares of a stock means you own a piece of the company that issued the shares. It’s value on any given day is what …
My Comments: I’m getting sick and tired of all the potential bad news that keeps appearing. The only remedy I have is to somehow anticipate what might happen and position myself and my clients to benefit instead of getting hammered into oblivion. 50 years ago, before IRAs and401(k)s were invented, the primary mechanism to provide …
Continue reading A Looming Time Bomb May Soon Hit The US Economy
My Comments: Perhaps it’s just time to go along for the ride and hope for the best. But I’ve never thought “hope” was an effective investment strategy. If the chance of a Lloyd’s of London type event was not so high, I’d be much happier. By James Mackintosh | Nov. 28, 2016 Markets may not …
Continue reading Can Stocks, Bonds, Metals, Currencies All Be Wrong About Trump? Yes
My Comments: I want our economy to improve. It needs to improve. There are problems that are an existential threat to the continued welfare and wellbeing of my children and grandchildren. Some of these threats result from the natural evolution of societies across the planet, things like demographics, the improving longevity of our species, and …
Continue reading A Better Economy Under Trump Seems Unlikely
My Comments: I’ve been talking for several years about income inequality and how it must be reversed if our children and grandchildren are going to avoid rioting in the streets and economic chaos. Recently we’ve seen Occupy Wall Street and Black Lives Matter and now Trump protesters rioting in the streets. The waiting has ended; …
Continue reading It’s the Economic Inequality, Stupid! The Gaping Wound That Led to Trump’s Win
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