Best of Dennis… Dennis is still on a short break spending time with his family. He will be back writing very soon, but in the meantime, here’s another article worthy of a re-read in today’s economy. This article was originally posted on August 5, 2021. Feel Discombobulated, Confused, Distracted and Betrayed? You Are Not Alone When I finished writing “Whistling […]
» Read moreBest of Dennis… Dennis is taking a break to spend time with his family to be back writing very soon. Here’s an article that is worthy of a re-read in these times. This article was originally posted on August 26, 2021. What The Fed Is Really Doing With OUR Money The Federal Reserve is owned by “Member Banks” that have […]
» Read moreThe cost of renting money is going up. One pundit commented mortgage rates are approaching 6% – “things are getting back to normal.” In mid-July, CNET reported: (Emphasis mine) “Mortgage rates have been rather consistently going up since the start of this year, and are expected to climb throughout 2022. …. At the moment, inflation and the federal funds rate […]
» Read moreOur recent article, “The Fed’s Disaster Has Arrived” got some great responses. Readers agreed, the Fed’s high inflation is a disaster; investors have some real challenges protecting their money. Cash is no longer a store of wealth, but rather an asset depreciating rapidly. Richard Maybury’s recent “US & World Early Warning Report” outlines the challenges. He offered six options and […]
» Read moreDuring my working career, I was fortunate to become close friends with many very successful people. Tom (fictitious name) fit that mold. We had each other’s home phone numbers and talked regularly. Tom was a high-level vice president of a major corporation and was the speaker at a banquet for our training class. He asked me to stay when the […]
» Read more“Baby it’s here!” Inflation is no longer a coming attraction, it’s here, turning into a disaster, and not about to go away anytime soon. Shadowstats.com tells us current government-reported inflation is over 8%. Using Carter year calculations, it’s over 16%. Our wealth is being stolen at a rate none of us have seen in our lifetimes. Immediately after finishing our […]
» Read moreI am increasingly frustrated, wading through my weekly reading stack. It is maddening! Despite the recent fed action, inflation is soaring, prices are out of control. The economy is slowing, the stock market is tanking. The long-predicted results of outrageous government and central bank policies are coming home to roost. The signs were clear, anyone with common sense could see […]
» Read moreBest of Dennis… Dennis is tending to his health again and hopes to be back writing very soon. Here’s an article that is a very interesting look back at the 2017 market and is worthy of a re-read in these times. This article was originally posted on December 7, 2017. When Advice Conflicts, Who Should You Listen To? We moved […]
» Read moreThe Fed is raising rates, forecasting more hikes and the stock market is falling. Fed Chair Powell says he can’t promise a soft landing. Pundits are peering into the future expecting the stock market to continue down. The Fed proclaims the days of easy money are behind us; many expect bond defaults and a slowing of the business cycle. I […]
» Read moreThe public is up in arms, and rightfully so. Gas prices are going through the roof with no end in sight. I don’t ever remember spending $100 to fill the tank on my Honda minivan. This is nuts! Wolf Street provides a graphic. Supply is government restricted, prices are rising, affecting the cost of everything we buy, not just our […]
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