Tag Archives: S&P500
The Fed’s Answer to the Ghastly Monster of its Creation
As the economy stalls out in 2020, U.S. deficits are going to jump to over $2 trillion a year – and will stay there. So, too, the national debt will run up towards $40 trillion over the next decade. The Fed, through YCC or some other wild scheme, will take on the dirty deed of monetizing this debt. They’ll create money from nothing and loan it to the Treasury. Continue reading
Riding the Type 3 Mega Market Melt Up Train
The decade long bull market run, aside from making everyone ridiculously rich, has opened up a new array of competencies. The proliferation of ETFs, for instance, has precipitated a heyday for the ETF Analyst. So, too, blind faith in data has prompted the rise of Psychic Quants…who see the future by modeling the past. Continue reading
Don’t Be Another Wall Street Chump
Securities and Exchange Commission Rule 156 requires financial institutions to advise investors to not be idiots. Hence, the disclosure pages of nearly every financial instrument in the U.S. are embedded with the following admission or variant thereof: “Past Performance Is Not Indicative of Future Results” Continue reading
Writing on the Wall
One of the more disagreeable discrepancies of American life in the 21st century is the world according to Washington’s economic bureaus and the world as it actually is. In short, things don’t add up. What’s more, the propaganda’s so far off the mark it’s downright insulting. Continue reading
