So a single political party gains control of a lockdown-battered country desperate for any and all forms of government spending. Direct payments, loan forgiveness, infrastructure,
Last March, the financial markets were rocked by the news that covid-19 wasn’t going away. Stocks and gold both tanked, and the suddenly-locked-down economy went
We’re deluged with numbers these days, many of them huge, ominous departures from historical norms. But one matters more than the others. To understand why,
From Michael Pento, of Pento Portfolio Strategies: When the market cap of equities reaches 183% of GDP and government bonds yield near 0%, or even
The game the government and the financial markets have been playing for the past few years – in which stocks tank until the Fed capitulates
The following was posted a couple of weeks ago. But with the markets tanking today, the message is still timely. For the past few years,
Real estate investor Marcel Arsenault has racked up Warren Buffett-scale profits over the past few credit cycles by loading up on “empty buildings” at the
James Grant, the venerable publisher of Grant’s Interest Rate Observer, just wrote an opinion piece for the Wall Street Journal that, had it appeared on
To understand the impossible situation in which most retirees find themselves, let’s begin with interest rates. When governments raise or lower the cost of credit,
In his latest commentary, financial strategist Michael Pento maps out the coming year. Spoiler alert: It ends ugly. Debt Be Damned The U.S. National Debt
I was sitting here writing a post about how even though gold and silver prices are down, dealers are facing shortages of one-ounce bullion coins
Calling the world’s governments unprepared for Covid-19 is to laughably understate the case. They apparently hadn’t even considered the possibility of a pandemic shutting down
Let’s say President Trump is right about the coronavirus “miraculously” fading away as temperatures rise in the Summer. Will things then go back to the
If you’re managing money and need positive results in the year ahead, you’re in a tough spot. Stocks are at levels that in the past
When people tick off the components of the “everything bubble” they usually omit US housing, for a couple of reasons. First, bubbles don’t normally recur
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