My Comments: There are relatively high taxes on the sale of gasoline at the pump where I live. In spite of this, we are almost at the $2.00 per gallon level. As I’ve mentioned before, this is both a good thing and a potentially bad thing. The bad is that money invested to bring us …
Continue reading Current Oil Price Decline May Set Stage For Price Spike And Global Recession
My Comments: I received my undergraduate degree in 1963, which was a long time ago. I had a part time job and my parents covered the rest. Selfishly, I never even thought about any sacrifice they might have been making. It was never an issue. Since then, I’ve spent most of my adult life in …
My Comments: I’ve spoken before about how uncomfortable I get with the increasing divide between the haves and the have nots. That it is real is evidenced by a TV show that features this very idea. What I had not thought about before this was another disturbance in the force between generations. In my generation, …
Continue reading House Price Rises Give Birth to Generational Inequality
My Comments: Yesterday the price of oil dropped below $50 per barrel for the first time in a long time. The stock market dropped. In earlier posts about the price of oil, I suggested there was good news and bad news associated with the drop in the price of gas at the pump. Now that …
My Comments: I’ve mentioned before how easy it is for us to discount the economic influence of Europe on the world stage. But it’s a mistake to do so. Collectively, the European Union is an economic engine that is just as critical to the economic welfare of the world as we are. If they go …
My Comments: There is lots of handwringing about last Tuesdays election results. And lots of people looking for someone to blame if it didn’t meet hopes and expectations. One of my long time concerns has been the growing inbalance between the haves and the have-nots. Statistically it’s very real with the middle class that evolved …
My Comments: Until I found this, I had never heard of hedgewise.com. I make absolutely no assertion that they know what they are talking about. My personal solution for you is quite different from what you read below, but this part of life is almost always a guessing game. Oct. 30, 2014 http://www.hedgewise.com/ Summary • …
Continue reading 5 Reasons Why You Should Be Afraid Of A Bear Market
My Comments: By now you may be tiring of my posts that say a market crash is coming and yet here we are moving along merrily. But like a broken clock that is correct at least twice every day, I’m confident that a crash will happen before long, and it won't be a slow decline …
My Comments: I had no idea what or who is/was Banquo. Nor why ‘grain’ has any relevance. But I like to share the thoughts of this writer from time to time as his insights are often right on the mark. Remember what I said last week about the possibility of rising interest rates in the …
My Comments: You by now know that I'm expecting a signficant market correction in the near future. However, when I say that, one has to wonder what I mean by "near". An analogy I sometimes use is a comment by a currency trader I knew years ago. His idea of "near" was in the next …
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