Since I began my cancer treatment in 2019, my outside travel has been curtailed. Doctors, restaurants, and an occasional trip to visit family have been about it. The good news is now I have more energy and feel like getting out and doing fun stuff. I recently made a trip to our local Factory Outlet Mall. I used to enjoy […]
» Read moreAcademics have their code words when times get tough. Do we have high inflation? Are we in a recession, depression, or stagflation? Few people care what they call it, other than politicians who want to blame their political enemies and avoid responsibility. Both the disease and cure hurt people economically. The Fed says they target 2% inflation. When inflation started […]
» Read moreWhen it comes to retirement planning, Baby Boomers had the rug pulled out from under them by the government and Federal Reserve. For decades, Boomers worked with their financial planners, saving, investing, and strategizing – targeting their “magic number.” How much money did they need to have on their retirement day to live comfortably and enjoy their golden years? Bank […]
» Read moreEarly Baby Boomers (1946-1964) were moving into their teen years when President Kennedy was elected. The Kennedys were young, good looking and reminded people of Snow White and Prince Charming. Times were good. We were not at war, jobs were plentiful, the suburbs were exploding as home ownership became available for the middle class. We bought our first home in […]
» Read moreThe Fed’s “magic money” game is about over! They try to fool the public into thinking they are sitting in a giant control center, making decisions, punching their keyboards, and controlling the economy. Happy days are here again, today, tomorrow and forever. Not to worry, the Feds got you covered. Cut the crap! The Chicago Fed outlines their dual mandate, […]
» Read moreWhen we left Phoenix for vacation there were “Help Wanted” signs everywhere. Most retail stores were clamoring for help. Restaurants had entire sections of unused tables because they couldn’t get help to take care of customers. Retailers complained about delivery dates; vendors couldn’t get help to keep up with order demand. It’s the same here in Indiana. Our youngest daughter […]
» Read moreBest 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 […]
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