Your spending power is not walking, no – it’s run away! Anyone with glasses could have seen this coming, so why didn’t Federal Reserve Chair Jay Powell see that inflation was going to stick around? Especially since he only stopped over-stimulating the U.S. economy what two months ago?
Now that I’ve been officially retired for a year I wanted to look back on some realities about work and working. It might surprise you to know that it’s really not the big breaks that define your success, it’s more the small things that you do each day/each week.
This stock market isn’t going anywhere past the occasional “bear market rally”. The reason is that there is absolutely no catalyst to act as a sort of paradigm shift.
Everyone has heard the colloquialism, “it’s time in the market, not timing the market” that is the wisest approach to investing. But is this really valid in all circumstances? You may surprised…
People in prominent business and government positions can make really bad decisions, decisions that are harmful to the country, the economy, and even to their own families. But yet, they seem to walk around like they’re the last to be told they have no clothes on? It takes a good while before finally someone will call a person like this out for what they’re doing.
And until that [disappearing] brain matter re-appears I see no compelling reason for a new bull market to begin… cash is getting ready to be real scarce! 🙂
18,000 virtual-only Crypto-currencies, a market cap now well in excess of $1 trillion U.S. dollars and climbing. Seriously? I’m not sure of how this story will end, all I can say is I’ve never before witnessed a bubble of this magnitude!
Have you ever made your way into the kitchen around midnight, flipped on the light and were shocked to find roaches partying on your countertop? Roaches and other household insects prefer to conduct “covert operations”, under a blanket of darkness. After all, you were supposed to be sleeping!
I am reposting this information. I wrote this and released it originally on here, January 14th, 2022. It is a
It appears to me now that the NASDAQ bottom in this downturn could easily see the index fall to the 9,600 to 9,800 level. My question to all these Leftist Tech Oligarchs who continuously censor free speech, and accurate reporting of the Truth, are you Socialists having fun yet?
“Is this capitulation? Is the sell-off finished, and is it safe to get back in?”… let me just say, if one has to ask the question, the answer is “No”, this market has not capitulated.
Given the combined scenario of weakness and incompetence at virtually every level inside our Federal government, including its agencies, pulling off a soft landing and avoiding a recession is no longer the “base case” probability IMO.