Decline and Fall
Our beat here is money. But money woes often come in a ‘cluster’ of other troubles. In our opinion, the introduction of the fake US dollar — in 1971 — was really the beginning of the US’s great decline
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2023 Could Be Big for This Growth Story
In today’s Money Morning, a unique smuggling story is revealing how wealth has shifted from paper money to physical things. Welcome to the era of shortages, inflation, and supply disruption. But the main story this week revolves around the US Federal Reserve meeting. The expectation is that the Fed is getting ever closer to a pivot, and when it does, it could boost growth stocks. And here, there’s a massive story playing out …
The Middle Class Squeeze
The fiscal and monetary policies of the last two decades were exceptional. As we saw, above, they cost the middle class a lot of money. The aforementioned US$7,400 is just the most recent and most obvious tab. Our own calculations show that the common working man has not had a real raise in nearly 50 years.
FANGAM — The ‘Fable a New Generation Accepted Mindlessly’
In today’s Daily Reckoning Australia, the dominance of the mighty six FANGAM stocks spread the belief that ‘you could not go wrong buying them’. But it’s exactly this line of thinking that destines disappointment to whatever it is assigned to. In essence, whatever ‘you can’t go wrong buying’ is put in front of is likely at its riskiest state…
Leading Economic Indicators and the Stock Market
In today’s Money Morning, how useful are leading economic indicators? Are they sufficiently ahead of the curve? And why should they matter to investors anyway? Read on to find out…
For My Money, the Next Sector to Bounce Is Here
In today’s Daily Reckoning Australia, Aussie consumers have confounded predictions about the impact of high inflation on company earnings this year. Retailers are booming, with multiple earnings announcements revealing as such. And more importantly, this suggests the big fear over Aussie housing last year was misplaced too…
