This was no surprise to listeners of this show but the Fed did raise rates for the 4th time in 2018 and this was the 9th rate hike in this tightening cycle. Back in June, Fed chairman Powell, was very giddy about the economy and confident about the growth but now he doesn’t seem so sure. 2019 will be a very different Fed where they may actually cut interest rates and not raise them. And gold has been very strong these last few weeks nearing $1,300 an ounce, which are 5 month highs. Goldman Sachs sees gold performing very strongly in 2019 with a year end price of $1,425 an ounce.
Chris Casey has been investing in the markets for years and he certainly sees some major warning signs that this economy may be heading toward a massive bust! Every time the yield curve curve inverts doesn’t mean an economy will bust but every … [Continue reading]
How is Trump doing from a libertarian perspective? Tom Woods really sees Trump as a mixed bag with the good, the bad and the ugly. From college professor to a wildly successful entrepreneur Tom lays out what he sees are the biggest keys to success … [Continue reading]
The midterm elections have come and gone and the Democrats have taken the House. Now this isn’t all so bad. Divided power is good because this means “gridlock” and less destructive laws will be passed. Electric scooter companies like Bird are being … [Continue reading]
$1.3 Trillion was added to the national debt in fiscal year 2018 alone! 2018 was Trump’s full fiscal year as president and with a deficit that large I wouldn’t call that draining the swamp! How are we ever to get our economy on a sustainable path … [Continue reading]