Latest Insights on ME
The Fed’s $8,000/Year “Mortgage Tax”Inflation is caused by a mismatch between supply and demand. The Federal Reserve can’t increase the supply of goods and services. So, to control prices it must engineer “demand destruction.” That’s as nasty as it sounds. I’ve already explained how the Fed uses the “wealth effect” to make households with lots of stocks cut spending … and why that strategy won’t work with U.S. wealth concentrated in so few hands. I also explored how big changes in the U.S. and global economy since the 1970s will force the Fed to raise interest rates A LOT to bring inflation down. Today, we’re going to look at the impact of their demand destruction on U.S. households.
1 Sector to Rip Higher in This BULL MarketIt’s going to make anything we saw in 2022, 2021, even 2020 look like child’s play.
Upgrading the “Invest Like Buffett” PlanMike Carr doesn't have the patience to hold stocks for 50 years like Warren Buffett. And thanks to this strategy, he doesn't have to...
Frontier’s In Good Spirits; Juul Smokes The FDA; Life’s A Carnival Cruise
June 27, 2022 Great StuffSpirits Having Flown I never fell in love so easily. Where the four winds blow, Wall Street carries on. I’d like to take you where my Spirit flies. Through the empty skies, we invest alone… Hmmm. Don’t tell me — I got this. Bee Gees, right? Is it “Spirits Having Flown” … from the (criminally […]
200% Gains on EVERY PennyHeadlines this weekend were dominated by news of Russia’s sovereign debt default. They’re saying it’s the first time Russia has failed to pay back foreign investors in over 100 years — since its government was overthrown by Communist revolutionaries. It’s a wild story, and it’s almost true...