Economic expert and best-selling author, David Stockman, offers a dire view of the deep financial trouble America faces in his new book titled “Trumped!” in which he is quoted as saying "The rubes are revolting, and they are revolting because they can see the system is rigged. These people are fed up, and they have had enough, and I think this is where Trump is coming from. I think we are at an inflection point where someone is finally challenging the Wall Street/Washington elites. Trump is kind of a wild man in some ways, but he hasn’t spent the last 30 years in Washington drinking the Kool-Aid."
Read More »Search Results for: bubble
Believe It Or Not: Life In the U.S. Continues to Get Better & Better
We are better off than ever before according to the Fed Q2/16 estimate of the balance sheets of U.S. households which shows that, collectively, our net worth reached a new high in nominal, real, and per capita terms. The bottom line is that, in fact, life in the U.S. continues to get better and better.
Read More »Gov’t Bond Market Still A Raging Bull Even With Negative Rates A Possibility – Here’s Why
Although low to negative interest rates could persist for years, odds are the current low-yield craze won’t last a full 30 years. Therefore, at some point down the road, today’s buyers of 30-year bonds will likely wish they had parked some of their savings in physical precious metals instead.
Read More »It’s Almost Guaranteed the U.S. Economy & Dollar Will Collapse In Next 4 Years
Dark clouds are now moving in fast across the world and this coming autumn could be very troublesome both for the world economy as well as geopolitically and socially. The combined risks are now higher than at any time in world history. When risks are high, it is advisable to stay away from bubble markets but, sadly, the investment world loves owning things that are priced high, totally ignoring the massive loss potential.
Read More »Remember the Subprime Mortgage Meltdown? Well, the Subprime Auto Loan Meltdown Is Now Underway
We are living in the greatest debt bubble in world history, and there are signs that this giant bubble is now starting to burst and, when it does, the pain is going to be greater than most people would dare to imagine.
Read More »Trying to Gauge Where the Economy (or the Market) Is Headed Is a Waste of Time
Trying to gauge where the economy is headed is almost always a waste of time. Instead, focus on the emotion and trend (price action); the trend is always your friend.
Read More »Any Major Election Misstep Could Trigger Stock Market Volatility & Crash
I believe it is too late to reverse the tidal wave of our financial system’s failure that has been brewing for three decades now. As such, in the next few weeks, an election event will take place that I believe could trigger major volatility ending in a market crash - a speculator implosion.
Read More »Rebalance Your Portfolio Periodically – Here’s Why
Rebalancing is a form of both risk management and a systematic way to carry out a contrarian investment strategy. The entire point of allocating money to different investments in a thoughtful way is to create a risk-return profile that balances out your long-term objectives with your short-term comfort level. Deviating from that risk-return profile can be a huge behavioral risk if you’re not aware of how it can change your portfolio’s composition.
Read More »Physical Gold – Does It Belong In Your Portfolio? (+2K Views)
Every investor should have a minimum of 10% of their portfolio in physical gold – coins or bars. Here's why.
Read More »Which Measure of Inflation Is Closest to the Truth? (+2K Views)
There is a strong belief that independent measures of inflation are false and not trustworthy. I address this issue and show how the rate of inflation is measured today, the historical background of it, and compare different methods to find out which one is closer to the truth.
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