People have been losing their minds recently over the “forecasted” pullbacks in metals and miners. The waste-of-space trolls are out in force. As I said just last week, “a dump in stocks could weigh on metals and miners in the short-term.” Guess what? Stocks just had...
Back in 2019, we often wrote of how Fed Chairman Powell was being painted into a policy corner by the bond market. We knew this would force fed fund rate cuts, and it did. And now here we are again in 2020. If anything, this isn’t complicated. As last year began, the...
Social Security, the primary retirement savings tool and biggest tax for millions of Americans, is a bad deal, critics contend. They argue that mandatory Social Security is a poor investment because it only provides an average annual income of some $17,000. This is a...
SBTV spoke with David Stockman, the former Director of the Office of Management and Budget under President Ronald Reagan, about how the Federal Reserve’s policies are sending the economy into a prosperity-extinguishing crisis. David Stockman is also the author...
“Irrational exuberance” has gotten a bad rap. That description of soaring securities prices was famously uttered in 1996 by Alan Greenspan—the Maestro, as the former Federal Reserve chairman was once known. Of course, the dot-com bubble would proceed to inflate...
The Saudis want to break free from U.S. influence and hedge their bets with China and the Russians
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