My fear for the US economy, and, as a result the world economy, is that most countries have borrowed far more than they can afford, and they cannot afford to reduce or pay back the debt. I feel that the confidence built in the dollar over decades is being destroyed
US GDP reportedly grew by 1.5% in the second quarter. Cause for celebration? Not necessarily. The figure comes from the government, and whether it accurately reflects economic reality is open to debate. Personally, I have my doubts. Economists generally regard annual GDP growth of 2% to 3% as healthy. At
THE AMERICAN PEOPLE ARE TRAPPED in a dollar devaluation, debt expansion, rate suppression whirlwind of a magnitude never been seen before now exacerbated by war. (Greg Mannarino). Events are moving quickly, geopolitically and economically. So a longer read this week Last week I told you a repricing event was underway.
I’m going to do something a little different this week. Instead of the usual quick commentary before the charts, I want to walk you through the numbers behind what’s happening right now, because the numbers are more powerful than any opinion I could offer. The United States spent $5.6 billion
Calvetti & Associates produces concise, rational work that is well worth reading. (see below). “Let me start with equities, specifically America’s stock market. Few analysts dispute that the market is overvalued and distorted. We are now at the point where the ten most valuable companies have a market capitalization of
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
I wonder what the reaction of investors would be if countries produced the real economic statistics. If we were given real GDP or real unemployment figures or real inflation rates or real debt levels. In my opinion people would invest with more confidence. I understand that countries do it in
Israel to limit the amount of gold and silver citizens can hold. Is this the thin edge of the wedge? No gold or silver, no cash, no crypto’s, no easily tradable assets? Then only totally trackable and controllable CBDC’s (Central Bank Digital Currencies). No way out of the system. See
Billionaire hedge fund manager John Paulson says he will pull his money from the market if Kamala Harris wins the election. “Fox Business”. When Warren Buffett (Berkshire Hathaway) sells billions of dollars worth of Bank of America stocks I prick up my ears. Is this a warning of just banking
The Buffett indicator above shows the ratio of the value of the total US stock market to GDP. It uses the total monetary value of all publicly traded company shares and divides the GDP into it. It provides a macro perspective on whether the market is over or undervalued. The
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