Some friends and I were trying to solve the world’s problems over a beer this weekend. Someone asked if we are going to go into a recession or not over the next year. I replied that the economy just seems really “wobbly” right now … I don’t know if it will tip,over or not. Another guy said he read that there was a 99% chance … Continue reading Is The Economy More Than Just ‘Wobbly’?
Well, I gave Biden some credit back in December for the nice bump that we had seen in the stock market in 2021. I felt obligated to, given how well the market had performed … +27% last year. Still, I noted then that I was worried that Biden wanted to be too helpful and that significant inflation was a real worry. He literally said “help … Continue reading Politicians Too Eager To ‘Help’
I recently listened to an interesting podcast with investor Peter Schiff of Euro-Pacific Capital. He’s the guy that earned the title ‘Dr. Doom’ when he correctly forecast the housing bubble that led to the Great Recession. He wrote a book about it two years before it happened. Schiff – a self-described libertarian capitalist – did a 3 hour interview with Joe Rogan recently. He raised … Continue reading Bubble Economy?
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