THE FIRST INFLATION SURGE IN 25 YEARS IS OVER. So, what now? First, let me give credit when credit is due. Federal Reserve Chairman Ben Bernanke and the Fed finally got one right. They’ve been promising us moderating inflation for a year or more and now with -30% lower crude oil prices and a big...
WHERE YOU SHOULD STAND TODAY. The Ideal Portfolio (another Schwartz View ). Yep, let me offer up one man’s view of what the ideal portfolio should be today and why: · Very minimal exposure to the stock market! This major, modern day margin call on institutional investors is causing havoc...
THE BIG PICTURE Ok, here’s a Big Picture of where America and we Americans stand today. A fairly downbeat Big Picture so buckle your seatbelts. America has been on the verge of a major comeuppance for many, many years. But its been postponed and postponed. Because the US dollar is the world’s...
THE REAL ECONOMY VS. THE PAPER ECONOMY The Real Economy . Oil at a record, rice too. Gold hitting $1000 an ounce, silver way up. Corn prices boosted by ethanol demand. Food riots in Haiti, Guatemala, Argentina and more. 24 countries dropping food import tariffs because they are seeing food shortages...
CHAIRMAN BERNANKE: “HOLD INTEREST RATES STEADY ON TUESDAY!” Hey, why not? What have we got to lose? Cutting interest rates sure isn’t working, right? Along with setting interest rate policy, the Fed has another role, that is being the “lender of last resort.” They’ve sure done that this past Tuesday...
THE COMMODITY “BUBBLE” PARSED Yep, BUBBLE is the new buzz word on Wall Street. Makes sense as CNBC has to keep people interested somehow as stocks lose ground and investors lose money. The show, after all, has to keep their ratings up, has to get all pumped up about something. (I just wonder how Cramer...