The Unstoppable Parabolic Increase In Debt!

Bloated Government And Exploding Deficits The Federal Government operates in a way that not one Congressperson operates.  For the last 50 years, Congressionally approved Budgets have had larger and generally growing deficits. No responsible American, including those same Congresspeople, would spend 5% MORE than they earned every year.  Congressmen and women, on the other hand […]

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A Bear Market in Bull Market’s Clothing?

Is Mr. Market Patiently Setting Up His Next Heist? The term “Mr. Market” is credited to legendary value investor Benjamin Graham.   According to Investopedia (https://www.investopedia.com/terms/m/mr-market.asp), Graham  first introduced Mr. Market in his 1949 book, The Intelligent Investor.   Mr. Market is a hypothetical investor whose decisions are driven by alternating bouts of panic and […]

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Interest Rates Continue to Edge Higher.

Interest Rates Continue to Edge Higher. Interest rates peaked in early 1980 at 20% on the Federal Funds Rate, the key short-term borrowing rate set by the Federal Reserve.  Known as the Prime Rate years ago, it reflects very short maturities.  Longer term rates, such as Five, Ten, or Thirty Year Maturities are set in […]

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Inflection Point (Part 5): Interest Rates, Inflation, and Inflection.

Inflection Point (Part 5): Interest Rates, Inflation, and Inflection. “Inflation” is the annual rate of price increase for a specific basket of goods or services a consumer buys and is directly tied to changes in “value” of the currency being used in the exchange of those goods and services.  The government’s official gauge of inflation […]

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