Author: chip

Short version click here. Longer version, keep reading. “This period, like the 1930s through 1945, is a time frame which I think you’d be pretty crazy to own bonds.” —Ray Dalio, CEO of Bridgewater Rule #1 to Investing — Do Not Lose Money Bridgewater Associates is the largest hedge fund in the world and is

Wages & salaries fell by $296 billion in March, the worst in a generation, and spending sunk $1.1 trillion, whew! What happened to $823 billion the difference? It went into personal savings, which rose to 13.1% of disposable income, a 40-year high.robo.1db.com/PI0430invest.1db.com/Belushi#finance#money#savings#equality#personalsavings

By CunninghamIn the late 1980’s, as the real estate market in the Southwestern part of the United Statescollapsed, I was wiped out, as were many of my friends and business associates. We wereexperiencing the inevitable catastrophic aftermath of one of the greatest real estate booms inthe history of mankind.We had made scores of millions in

The IMF in its April World Economic Outlook is projecting global output to contract by -3% in 2020 and is forecasting growth of 5.8% in 2021. For advanced economies, the IMF is calling for a contraction of -6.1% this year, and growth of 4.5%, next year; emerging markets are expecting 1% contraction and 6.6% growth,