Blain: The Dumbest Market Moment I Have Ever Seen
Since the Great Recession, record-low interest rates have made the stock market soar, but they have neither rebuilt manufacturing and infrastructure nor benefited the average American. In this open letter to Fed Chairman Powell, Bill Blain argues why our central bank should shift its focus from cutting rates to normalizing rates, which would encourage investments in productive assets and make Americans’ pensions less vulnerable to the next market crash.
Aug 16, 2019 | Bill Blain |
We’re Leveraging Into the Next Crisis
After the Great Recession, economists agreed that too much debt had triggered the crisis and that we must deleverage. This has not happened. Instead, global debt has increased by over $100 trillion, and this time when the bubble bursts, it’s going to cause way more pain than the crash a decade ago.
Aug 06, 2019 | Jesse Colombo |
Ray Dalio Warns a “New Paradigm” Is Coming: “Buy Gold, Sell Stocks”
In 1975, Ray Dalio founded Bridgewater Associates out of his two-bedroom apartment in New York City. Forty years later, Bridgewater is the fifth-most important private company in the United States (Fortune) and has made more money for investors than any other hedge fund in history (Bloomberg). After recommending to buy gold to their clients last year and stating a few months ago that “If you don’t buy gold, you don’t know history or economics,” Ray Dalio this week took the time to thoroughly explain his position. This is the longest article we have ever published, so read it if you really want to understand why buying gold is critical to financial success. If you are pressed for time, Dalio comes to the following action steps: “Sell Stocks, Buy Gold.” Does your financial advisor have a better track record than Ray Dalio?
Jul 19, 2019 | Ray Dalio |
US Officials Meet in Secret About Corporate Debt
A panel of top US regulators secretly met May 30 to discuss the surge in junk loans. In this article, Bradly Keoun discusses how an economic downturn would likely set off a wave of credit-rating downgrades and debt defaults that could ripple across US and international markets.
Jul 09, 2019 | Bradley Keoun |
America’s Adversaries Are Buying Gold Like a Nuke Is Going Off Tomorrow
Russia, China, and other countries with “geopolitical tensions with the US” are buying up gold like never before, pushing gold demand to new heights. Goldman Sachs says gold continues to offer significant diversification value with substantial upside. Read more about it here.
Jun 28, 2019 | ZeroHedge |
Intervention Is Coming
Regressive growth, falling home prices, exploding debt—all the signs are clear. The economic slowdown is ongoing, and we’re at the end of a cycle. Sven Henrich guides us through a series of charts, all pointing to the same conclusion: An intervention is coming.
Jun 21, 2019 | Sven Henrich |