The Fed

The Fed Always Runs To Save Wall Street

The Fed Always Runs To Save Wall Street

Chuck Butler recently discussed the probability of default of $300 trillion in global debt. Chuck added, “The Fed always runs to save Wall Street.” Why is that? Why not Main Street? The Federal Reserve website outlines their mission: “The objectives as mandated by the Congress in the Federal Reserve Act are promoting (1) maximum employment, which means all Americans […]

What Happens to Your Stocks If Fed Rates Go Negative?

What Happens to Your Stocks If Fed Rates Go Negative?

Times are chaotic! Historically, when chaos reigns and emotions are turbocharged, there are winners and losers. Despite the stress, winners manage to see things clearly and keep their wits about them. Recently we interviewed John Williams at Shadowstats. He said government unemployment and inflation numbers are bogus. He also tells us: – Worst U.S. Economic Activity Ever Reported […]

Finding Yield When Interest Rates Are At Zero

Finding Yield When Interest Rates Are At Zero

Global pandemics and civil unrest don’t seem to impact stock prices, but it remains challenging to find yield in a world of near-zero interest rates. Central banks are doing everything they can to keep global economies from crashing (which is the main reason stock prices are stable), and the result is that yield can’t be […]

Traders work on the floor of the New York Stock Exchange Tuesday July 29, 2008. Stocks rose Tuesday, rebounding a day after their steep tumble as a jump in consumer confidence offset some of the market's increasing concerns about the financial sector.  (AP Photo/Richard Drew)

The More I Learn The Madder I Get!

I’m red in the face, eye-popping, blood pressure peaking mad! Our country is in a heck of a mess, for the wrong damn reasons! Sadly, some reporters smirked while reporting the Dow capped off the worst first quarter on record, the updated Coronavirus death toll, projections for thousands more and record unemployment claims. The politicization […]

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 […]