I think President Trump is blindsiding us. We are told how incredibly well the US economy is performing, but the economic data and major actions by the FED certainly argue against that case. When the economy is doing well, one would raise rates in order to cool it off by
So President Trump got a rate cut, not nearly as much as he would like. Even this ‘small’ decrease in the rate will have devastating effects on the value of the Dollar and the inflationary effects on the economy. The ‘saving grace’ regarding inflation is that the economy is slowing
In order to maintain growth in any portfolio, one needs to continually reevaluate the state of the market and where the best-performing assets are. Regarding the evaluation of the market, one of the indicators that can be used is the Buffett Indicator. In order to calculate the number, one takes
This illustrates the terrifying progress of artificial intelligence, which grows in capability hourly. We have tested Chat GPT against our doctor’s analysis, and the results are frightening. Chat GPT has far greater instantaneously available resources. We have tested it in other spheres as well and find the results absolutely incredible.
The markets last Friday went crazy on the intimation by Powell that interest rates may be reduced. If Donald gets his way 150 basis points. I doubt the reduction will be anywhere close to that, perhaps 25 to 50 basis points. If the economy is strengthening as they say it is,
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