Peter Schiff Was Right – Again

Back before the financial crisis Peter Schiff made a series of comments that were summarily dismissed and laughed at by the main stream media and other “analysts.”  After the crisis hit, an amusing video montage appeared in 2008 of all of his comments along with the press and others having a few yucks at his expense.

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VOLATILITY VERSUS PERFORMANCE

Do riskier investments outperform less risky investments over the long-term?  Are low volatility stocks guaranteed to provide better risk reward? Continue reading

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RETROACTIVE TAX INCREASES

It turns out you didn’t pay enough in taxes over the last 4 years. California asks tax payers to retroactively pay even more. Don’t believe it? Watch government at work…


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ROBERT SHILLER – DOSE OF HOUSING REALISM

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CAPITALISM DIDN’T FAIL

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ROBERT SHILLER’S ADVICE TO HOME BUYERS

Robert Shiller asks home buyers “Is this urgent?  Should you buy right away?”  The video interview below provides his answer and is worth repeated viewing. Continue reading

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UNEMPLOYMENT RATE REQUIRES “SUSPENSION OF DISBELIEF”

The U.S. unemployment rate dropped to 7.8% today and this unexpected drop has many market watchers calling foul.  How did we drop three tenths of one percent in one month with only 114,000 jobs created? Continue reading

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QE3 ROLLS OUT, BUT WILL IT HELP?

This week Helicopter Ben announced QE3 in an effort to stimulate the economy.  The question is, “will it help the economy or just jack up stock and commodity prices?”  Certainly we have already seen its effect on the continually manipulated stock market. Continue reading

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RECESSION UPON US?

Since September of last year I’ve made the case that the economy was facing more headwinds than tailwinds.  Last fall the consensus opinion was that the economy was recovering and growth would increase.  ECRI was one of the few holding the minority view, and they took it a step further by calling a new recession. Continue reading

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ECRI REAFFIRMS RECESSION CALL AGAIN

Yesterday Lakshman Achuthan renewed his recession call during an interview with Tom Keene.  Year over year real personal income growth in the last three months has been lower than it has been at the start of each of the last ten recessions. Continue reading

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The U.S. Economy – An Obfuscated Mess

Many market watchers want to declare victory over the recent recession, while still others see pending defeat.  With a mixed picture of economic indicators, understanding the real picture isn’t easy. Continue reading

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Europe’s ongoing crisis

The crisis in Europe continues to threaten global growth and the financial system, but market participants have been pacified by temporary band-aids.  A closer look at the area reveals more issues than meet the eye. Continue reading

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Your Economic Update

The mainstream media is once again reminded of world economic problems and the thinly traded stock market reacts.  Risks to economic growth persist despite our natural desire to want to find a reason to believe that better times are “just around the corner.” Continue reading

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BIPOLAR NEWS DRIVES VOLATILITY UP AGAIN

A few days ago it was bull markets to DOW 116,200 and Portugal will return to debt markets in 2013.  Today it is a Greek default costing 1 Trillion Euros and Portugal’s unfavorable math will prevent it from reentering the debt market in 2013.  So what changed? Continue reading

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Interview with Lakshman Achuthan

Lakshman Achuthan reaffirms ECRI’s recession call. Continue reading

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