Author: chip

POWELL SPEAK: “WE DO NOT KONW!?”  A few different terms are often used to describe markets that are overvalued or otherwise considered to be in a “bubble.” 1. Overheated – This is perhaps the most common term used to describe a market that is considered to be in a bubble. An overheated market is one

“???????????????????????????? ???????????? ???????????????????????? ???????????? ???????????????? ???????????????? ???????? ????????????!” I turned 61 on November 6. For my birthday this year, I wanted to do something to shake it up and test myself physically, so I decided to run 61 miles from Miami to Palm Beach. I started my run at 5 am in Miami, and the

Welcome to the world, Bucky! On October 13th, the S&P 500 fell to an intraday low of 3,491.58 from its peak of 4,796.56 on January 3rd; the market was down 27.2%. The news that Thursday morning was a gut punch for our economy. Core inflation confounded analysts and soared to its highest level in forty years! Traders

Cash has been yielding zilch for most of the previous decade. Not now! The red line depicts short-term interest rates, while the black line projects the inflation rate. The purple dashed line signifies where savers are earning more interest than inflation, or what we know as real rates (sources: U.S. Treasury, St. Louis Fed). After