Latest Insights on ECL
The Fed’s $8,000/Year “Mortgage Tax”
June 28, 2022 Big Picture. Big Profits., Investment Opportunities, News, U.S. Economy
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. Options Arena: SPACdown
June 26, 2022 Investing, Options Arena, Trading Strategies, True Options Masters
SPACs were the hottest investment of 2021, but many are down by half if not more. Were these always a bad idea — or was it just bad timing? What My Toddler Taught Me About Crypto Investing
June 25, 2022 Cryptocurrency, Winning Investor Daily
Handling crypto uncertainty is exactly the same as dealing with a toddler’s tantrum: Don’t panic. The Truth Behind Rising Gas Prices
June 24, 2022 Big Picture. Big Profits., Economy, Oil
In times of turmoil, people tend to point fingers at anything and anyone. And in today’s market, with two weeks of downtrends, increased interest rates and rising prices on gasoline …everyone's pointing fingers. But who’s to blame here, if anyone? Today I’ll be clearing the air on these gas price myths and setting the record straight on what the real issue is. Sorry, Cathie Wood — Hope Is NOT a Trading Strategy
June 24, 2022 Investing, Mike's Macro View, Trading Strategies, True Options Masters
ARK Invest is not doing well this year — but that didn't stop Cathie Wood from boosting her expected annual returns from 15% to 50%...