Powell Power
The federal government changed the dollar in 1971. Thereafter, it could be easily manipulated. Politicians overspend. And they typically cover their excess spending by printing extra money.
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The Secret Life of Banks
I’m going to peel back the lid on banks and show you why they’re so stingy with your savings. Their greedy motivations won’t surprise you, but the mechanics might. I’ll also show you an important health indicator to watch if you’re a bank investor, as well as some impending regulatory changes that spell opportunity…
From Powell Put to Powell Curve to Powell Plunge
Central bankers used to be an investor’s best friend. Until inflation came along — now they only want to spend time with their new ‘friend’. But the betrayal is not yet complete. A bizarre focus on the unemployment rate could mark the central bankers’ transition to being your worst enemy in 2023.
Closing Bell — Bears Sharpen Their Claws
In today’s Money Weekend, bullish news is coming in thick and fast with China reopening and hope in the Fed halting on rate rises. But the papers tend to just reflect the recent past rather than assess current and future conditions. Watch the Closing Bell video to see why I think the long-term trend still remains bearish at the moment.
A State of Disunion
Wednesday was a busy day for lower jaws. Powell spoke. Then, Biden spoke.It’s easy to make fun of Biden’s speech, so we will hop to it. The man has always been a hack. Now he’s an old hack. And old hacks are funnier than young ones.
China May Be Back on the Menu for Aussie Investors
Aussie coal makes it to China for the first time in two years. Thawing relations is opening up renewed trade opportunities. The winners of the old China boom may not be the same as the new ones. Farmers and fishermen could be the biggest winners of all…
