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Of course, it’s never just one thing. But when the President of the United States, in the midst of a pandemic that continues to ravage the economy and challenge his leadership, suggests the...
America is undergoing upheaval. It isn’t just the pandemic and its resulting economic fallout. The nightly news is filled with images of protesters battling police in major cities. These started...
U.S. consumer spending, which accounts of two-thirds of the economy, plunged at an annual rate of 34.6% in the second quarter. It was, by far, the worst in history. U.S. auto sales are also...
Pro-growth policies are nice, but corporate managers mostly want politicians to stay out of the way. On Saturday, Microsoft (Nasdaq: MSFT, Rated “B+”) and ByteDance, the Chinese parent of...
Happy weekend! It’s been another wild week for gold. What’s the next move for smart investors? I have a few ideas. First, we should look at some charts. Chart No. 1: The New Bull Market ...
I’ve been pounding the table about how negative real interest rates are firing up gold. The reason is that with bonds yielding so little — and less than zero when you figure in inflation — it...
“We’re from Washington, and we are here to help.” A throwaway line from a bygone political era … but it still rings true and is still just as dangerous. The New York Times reported Tuesday...
“Take your Army to the Haunted Forest and bring me that girl and her dog! Do what you want with the others!” —The Wicked Witch of the West, “The Wizard of Oz” I was seven or eight years...
It was all quiet on the crypto front early in the trading week, with mostly sideways movement until Tuesday, July 21, when signs of upside momentum developed early in the day. Then Ethereum...
The folks in Washington are wrestling over the size of another stimulus package — it should be over a trillion dollars, potentially even more. In the short term, more “free money” should drive...