Latest Insights on BAC
Fake Jobs Plague the U.S. Economy
June 18, 2016 U.S. EconomyWere you convinced by the unemployment rate drop to 4.7% in May? That is what the government reported. But a closer look at the data reveals something else.
Soros Bets Big on Market Collapse … And He’s Not Alone
June 11, 2016 U.S. EconomyGeorge Soros hasn’t been shy about his opinion on the potential for an EU collapse or a China-fueled economic crisis. But is the U.S. in just as bad, if not worse, shape?
The Danger of the Fed’s Tall Tales
June 8, 2016 GoldDon’t believe anything saying a rate hike is on the table in July. It’s not. The U.S. won’t see meaningfully higher rates for many years. The sooner you accept this, the sooner you can avoid financial ruin.
Time to Get Out of Real Estate
June 7, 2016 Real EstateIf you cashed out your real estate holdings in 2006, many — wrongly — would have called you crazy. One billionaire did just that, making his activity in today’s real estate market all the more ominous.