Dow 30,000 Prediction from January 2018 Comes True

the Dow clears 30,000 despite warning signs

In January of 2018, almost three years ago, I predicted the Dow was heading to 30,000. The article Why the Dow is Heading to 30,000 Under Trump Economy lays out exactly why the markets would continue higher. “Today’s market is a momentum investing paradise for investors riding the Trump effect to massive profits. Let’s take […]

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Ceaseless Decline in Velocity of Money Must Concern Fed

velocity of money continues to decline

The Federal Reserve, anemic growth, and an aging population are causing the velocity of money in the United States to crater. While many believe trillions in stimulus will cause inflation, low-interest rates are providing little incentive for banks to lend when the return on their loans is low. The bottom line is that people are […]

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Why the Fed Can’t Stop Covid-19 & Economic Fallout

federal debt is about to explode

As soon as I saw the ticker tape, I knew it wouldn’t last. Dow and other U.S. index futures were down 5% Sunday, before yet another emergency Fed meeting. While the intial headlines reversed sentiment and saw exchanges up 1-2% before the open, the relief rally failed. All indices are now in the red, down […]

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Longest Bull Market in U.S. History Immune to Coronavirus?

us household debt to gdp keeps economy afloat

The United States, currently enjoying its longest bull market in history, is decoupling from the rest of the world. From its currency to its stock market, the US is on demand. Despite somewhat underwhelming US growth in 2019 (2.1% GDP), investors continue to bid up America’s leading companies, the likes of which include Amazon, Google, […]

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