The US and the EU are Already in a "Silent Depression"
Marc Faber believes that the question of recession or depression has already been answered, and if you ignored faulty government statistics and paid…
In August 2022, Henry Kaufman (the original Dr. Doom) wrote an article and gave an interview for the Financial Times, which was published under the title: Shock the market’: Wall Street’s original ‘Dr Doom’ tells Fed to toughen up. At the time, Kaufman feared that the Fed under Jay Powell was failing to combat inflation with the resolve displayed…
The British composer and conductor H. T. Leslie (1822 – 1896) wrote that, “The game of life is not so much in holding a good hand as playing a poor hand well.” This is how investors in financial assets should feel about the current market conditions. At present, most assets are relatively expensive. With a few exceptions (gold miners, oil stocks…
At the 2024 WEF in Davos about Rebuilding Trust (who on earth would ever trust the Davos crowd?), the newly elected President of Argentina Javier delivered a speech, which must have made the majority of the attending Elite rather uncomfortable because of its simplicity and clear libertarian message: capitalism over the last 200 years lifted the…
Investor’s Business Daily recently reported that just four investors made $491 Billion On 'Magnificent 7' Stocks This Year. Referring to the Magnificent 7, Matt Kranz at Investor’s Business Daily (IBD), notes that, “the top owners of these seven winning stocks, including Mark Zuckerberg at Meta Platforms, Jeff Bezos at Amazon.com, Elon Musk at…
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