Tag: Federal Reserve
Three ETFs For Rate Hikes, Economic Slowdown, And War
There’s a substantial amount of fear in the market. At one point on Monday, the Dow Jones was down more than 1,000. This may have been for a number of reasons. One, the Federal Reserve may have to get aggressive with interest rates in order to slow inflation. “Over the past month, the Federal Reserve […]
12 Reasons Why Inflation Is Here To Stay
Kerry Lutz, the founder of the Financial Survival Network, delves into some of the factors that may be behind inflation. Throughout the history of man and money, there have always been periods of inflation. It happened in ancient Rome, China during Marco Polo’s visit, Germany after World War I, and countless other examples. Milton Friedman […]
The Fedcoin Is Coming
Before we talk about Fedcoins, let’s look at the old school non-digital, non-blockchain, coin. Gold. And silver. Since January 4, the price has dropped about $244. And the price of silver has fallen about $4. Are these buying opportunities? Or the end of the brief gold bull market of 2020 (i.e. Covid)? It helps to […]
The Fed Changed Strategy On Interest Rates – Here’s What It Means
The Federal Reserve just took the monetary policy equivalent of a sharp 90-degree turn. On Jan. 30, the U.S. central bank signaled that it was done raising benchmark interest rates after two years of aggressive rate hikes. As such, the Fed held its target rate steady at a range of 2.25 percent to 2.5 percent. […]
Dow Drops 832 Points In One Day – Has A Correction Begun?
The stock market experienced one of the worst days of the year on Wednesday. The Dow Jones Industrial Average fell 832 points, more than 3%, the biggest lost since 8 months ago on February 8th. The S&P 500 dropped 3.3% to 2785.68. But the biggest losing major index was the Nasdaq Composite, which tumbled 4.1% […]
Mortgage Rates Under 3%?
Ben Bernanke and the Federal Open Market Committee (FOMC) are meeting in Washington this week. They’re saddled with the most unenviable of jobs. They’re trying to keep the economy afloat in a storm of negative economic data. The problem is the Fed has already fired most of its ammunition. They’ve lowered short term interest rates […]
Ben Bernanke Says “Buy Stocks”!
Don’t take it from some CNBC analyst. Don’t listen to Bloomberg. Heck… don’t even take it from me. The best part is you don’t have to. Because we just got it direct from the horse’s mouth! That’s right. We heard direct from the source that it’s time to get back into the market. Folks… your […]
US Economic Recovery: Hey Ben… It’s Time To Put On Your Bathrobe!
Last weekend I got a head start on my spring cleaning. I was going through my clothes closet when I came across something I had forgotten all about. It was a T-shirt commemorating my dad’s 60th birthday party. I can’t believe that was ten years ago. I picked up the shirt and memories from the […]
Sarah Palin Doesn’t Understand Economics
It’s comical just how many politicians and members of the media have no understanding of economics. No clue. This utter lack of economics comprehension couldn’t be more apparent than with my least favorite politician, Sarah Palin. For whatever reason, the media loves Palin. Every speech she gives is covered by the news, ad nauseum. Now, […]
Federal Reserve: Quantitative Easing 2 Is A Dangerous Game
In the classic 1955 film, Rebel Without A Cause, 17-year old Jim Stark (played by James Dean) is pressured into playing a high-stakes game to resolve a dispute with school bully, Buzz Gunderson (played by Corey Allen). After Jim triumphs over Buzz in a knife fight, Buzz tries to regain his pride by challenging Jim […]