Monthly Archives: December 2023
How to Outperform the Stock Market in 2024
Following the federal open market committee (FOMC) meeting on December 12 and 13, 2023, the Federal Reserve announced it would be holding the federal funds rate within a range of 5.25 to 5.5 percent. The Fed, by way of its dot plot, also signaled there would be three 25-basis point rate cuts in 2024. Continue reading
How Bankers are Exploiting the Fed’s BTFP at Your Expense
American bank depositors sincerely trust the Federal Deposit Insurance Corporation (FDIC). They are as certain as the sky is blue, that the FDIC will protect the money in their bank accounts. Thus, they do not withdraw dollars from their accounts in a banking crisis. Continue reading
California Circles the Toilet Bowl
California, without question, is a great state to be from. We lived there for nearly 45 years. We made our California exodus in July 2022. No regrets. Continue reading
The Hollow Returns of Government Intervention
Government intervention into a nation’s economy is both foolish and destructive. But that doesn’t mean governments don’t meddle each and every day with the best – and worst – of intentions. Continue reading
