Stress will always expose weaknesses. For the past 15 years I've written and spoke about our broken economy. Massive budget deficits, continued reliance on a service economy, a huge trade imbalance, over a hundred trillion dollars in unfunded liabilities (Social Security & Medicare), a massive demographic imbalance impacting our labor
I think most people enjoy fall. The transition from the hot summer weather to something a bit more comfortable is a relief. In many parts of the country the changing of the leaves comes at the same time the insect population begins to diminish. For others pulling out hoodies, fall
As we enter the final quarter of what has been a good year for stocks, the question for investors is — how much longer this can continue? Following the nearly complete shutdown of our economy due to COVID19 and with the help of $5.3 Trillion in ‘stimulus’ spending
The US Government is out of money. Treasury Secretary Janet Yellen has said she is using "extreme, emergency measures" to move money between accounts in order to cover US obligations. She expects these methods to be exhausted around October 18. At that point the US would no longer be able
This week President Biden made a hard push for his $3.5 Trillion "infrastructure" bill. This came shortly after the House Ways and Means Committee released their proposed tax changes to help pay for the massive spending bill. I've received a lot of calls and emails from our advisors with
