In just the last few days, we’ve seen … * Brent crude hit $100 overseas. That’s a key benchmark of world oil prices, and the fact that it breached the triple digits…
Category: Money and Markets Newsletter
The Fed’s Secret Third Mandate Just Revealed!
Officially the Federal Reserve System has a dual mandate: Promote price stability and maximum employment. Now it has admitted to a third one. More on that in a moment. First, a quick…
The Incredible Shrinking Social Security Fund
Last week, I talked about mounting problems for state and city pension funds … along with the possibility that some of them could ultimately go belly up. And while a lot of…
Memo from Washington: We’re going to borrow, print, and spend no matter what!
by Mike Larson The municipal bond crisis we’ve discussed before is continuing to fester. The sovereign debt problems I’ve mentioned are continuing to threaten regional bond markets in Europe. And the rise…
Be Wary of Rosy Outlooks for 2011 and Profit Along the Way!
Last year Byron Wien, the former Morgan Stanley strategist, former billion-dollar hedge fund strategist, current Vice-Chairman of Blackstone and highly touted market prognosticator predicted 2010 would be a V-shaped recovery for the…
BRIC Countries Invite South Africa to Join
Happy New Year! Something very, very important happened in the closing days of 2010, and very few people noticed. The “BRIC” club is expanding to include South Africa. Today I’ll discuss this…
Ben Bernanke Ready to Print Still More!
Dear Subscriber, The “grand compromise” between the Obama administration and Congressional Republicans to extend the Bush era tax cuts will have two extremely severe repercussions: First, it means that the federal deficit…
Should U.S. investors fear a “Japan scenario?”
With Ben Bernanke and the Federal Reserve now into their second round of quantitative easing, a lot of investors are becoming increasingly worried about the U.S. “becoming like Japan.” In short, they’re…
Yet Another Government Insult to Retirement Incomes
As if it isn’t bad enough that most retirement portfolios are still down significantly from their levels a year or two ago … that housing wealth has been evaporated in towns across…
Two Barriers on the Road to Wealth
Have you ever been driving on the road when traffic suddenly comes to a halt? You sit there wondering what the heck is going on up ahead for ten or fifteen minutes….