Since 1971, Freddie Mac has been tracking the 30-year fixed mortgage rate; 3.03% is the lowest ever! There has never been a better time to refinance and invest the savings for your future.
read more Mortgage Rates Fall to Record Lows▼Follow the Money!
Want to become a better investor? The Federal Reserve does a yeoman’s work to provide the American saver and investor where all the money goes. Anne Scheiber, one of my investing heroes who amassed $22 million over her lifetime by investing minimal sums, according to Wikipedia. In fact, she never earned a salary of more
read more Follow the Money!A $10 Trillion Rescue Package: Will it Ignite Inflation?
“Inflation is always a monetary phenomenon that occurs by a rapid increase in the quantity of money.” —Milton Friedman (Nobel Prize Recipient) Inflation averaged 3.2% since 1914; today it sits anchored at .2%. There have been episodes of high inflation rates over the past half-century stemming from excess liquidity. Money supply growth (blue line) has
read more A $10 Trillion Rescue Package: Will it Ignite Inflation?
🐮 V-Shaped Recovery ↔ The Sky is Falling 🐔
“I am very cautious about going against the herd; I am liable to be trampled on.” —George Soros Has the stock market’s behavior been a resounding clarion call to anyone open to listening? Real investors, the intrepid souls with skin-in-the-game who are willing to take the risk, have been justly rewarded. Chicken Little is a story
read more 🐮 V-Shaped Recovery ↔ The Sky is Falling 🐔-4.9% Global GDP 2020 Forecast
The coronavirus has brought illness, death, unemployment, hardship, uncertainty, and a widespread recession. According to the IMF’s World Economic Outlook, global economic production of all goods and services is forecast to decline by 4.9% in 2020, gutting production by a whopping $4 trillion. For comparison, the size of this downturn is greater than Germany’s total
read more -4.9% Global GDP 2020 Forecast