The Fed

Government newspaper scrap on assorted money

I’m From The Government And I’m Here To Help!

Fed Chairman Jerome Powell’s Strategic Plan 2020-23 tells us: “The Federal Reserve Board’s highest priority is to promote a strong economy for the American people by fostering the stability, integrity, and efficiency of the nation’s monetary, financial, and payment systems. “The most terrifying words in the English language are: I’m from the government and I’m here to […]

Three Ways to Protect Yourself During the Chaos

Three Ways to Protect Yourself During the Chaos

Wall Street Lays an Even Bigger Egg Last week was one of the most dramatic weeks in Wall Street history. Twice the New York Stock Exchange had to halt trading because the S&P 500 reached its intra-day down limit. For the first time since the Great Depression, the Dow had back-to-back days where it moved […]

The Fed’s Dilemma Is Our Problem!

The Fed’s Dilemma Is Our Problem!

Pundit Bill Bonner predicts: “Most likely, the stock market will crash sometime before the 2020 election. We can’t know when. …. The end of the stock market boom, too, is unpredictable. But each passing day brings us a day closer to when it will crash and burn.” Bonner’s prediction is in line with our 2017 article, “An […]

The Fed Just Cut Rates: What to Do Now

The Fed Just Cut Rates: What to Do Now

So the Federal Reserve cut interest rates. This was their third rate cut in the last three months. The new target range for overnight interest rates is 1.5 to 1.75%. That’s below the rate of inflation. There are three things you should do right now. #1. Don’t panic. #2. Seriously, don’t panic. #3. Make sure […]