My Comments: What’s your poison? Politics? Money? Entertainment? Sports? Religion? Well, this post is about economics and finance. Some of you will run and hide. That’s OK. It comes from Guggenheim Investments and is a quick and dirty look at the next few months... With spreads tight in high-yield corporate bonds, loans, structured credit, and …
Tag: economics
Equality or Chaos?
‘We get signals that the system is under enormous stress’ - Mohamed El-Erian A leading global economist and investor believes world leaders, and global capitalism, have reached a fork in the road between equality and chaos. Mohamed El-Erian is a name known to me for many years. When he speaks, I listen. I recommend you …
America’s Wealth Inequality Is Getting Worse
My Comments: Readers of this blog know I’ve railed against the growing income inequality in this country for a long time. Income inequality is inherent in the human condition. Since recorded time began, it’s clear there were “haves” and “have-nots”. In recent times, the disparity really started to diminish following the great depression in the …
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The Keys to American Growth
My Comments: Demographics is an economic force to understand. Without people, growth and prosperity will diminish. Neither children nor the elderly can be counted on to work the fields and build houses. That leaves people in the middle and unless we grow them at home, we have to import them from somewhere else. That means …
Cheap Electricity and Food
My Comments: Over the next 25 years, the US will resume it’s role as THE major global economic influence. You can argue it will happen as a result of bringing coal mining jobs back to Appalachia or because there will be a wall built along our Mexican border, one built by Mexico with help from …
What’s Killing The Long-Term Care Insurance Industry?
My Comments: This was written almost five years ago. During these years, every reader today is almost five years older and while the world has changed dramatically, the demographics are still with us. Among the existential risks we all face is what is known as a Long-Term Care, or LTC event. Before we all die, …
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Donald Trump’s Big Problem
My Comments: To my Trump supporting friends, this is not a rant against our president. Governments work, or don't work, on vastly different rule sets than does private enterprise. Government is a public enterprise and the outcomes by their very nature will be markedly different. His skills as a businessman don't necessarily translate effectively to …
Will Trumponomics Actually Work?
My Comments: No need to freak out here; it’s not written in a strange language. This is a short, understandable comment that appeared in a fundamentally sound forum about business and economics. Unless we are happy being in debt to someone else, our primary effort is to spend less than we actually earn, since taxes …
Russia has a grand plan to undermine the West’s democracies — and it’s working
My Comments: Several months have passed since this was written but the message is as real today as it was then, perhaps even more so. I’m almost willing to give 45 and his cronies a pass since I don’t think it was, or is, their intent to subvert our system of democracy. But they sure …
Continue reading Russia has a grand plan to undermine the West’s democracies — and it’s working
Make America Dumb Again!
My Comments: Mexico doubles down on pivot away from U.S. 45 wants a trade war with any and everyone he can think of. Not sure if he really does, but that’s the message being heard around the world as coming from the White House. As I showed last week, he’s already conceded global economic supremacy …
Helping Define Your Financial Future 