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Commentary

Time to Get Serious

Let us take a minute to review. After the Harris-Trump debate on Tuesday night, the odds of a Harris victory probably increased. But that has no effect on the underlying financial situation. Neither candidate has any intention of squaring off against the big spending, parasite elites. Neither will balance the budget. Neither will challenge the […]

By Bill Bonner, Friday, 13 September 2024

Pet Cemetery

‘They’re eating our pets.’ Donald Trump last night, talking about immigrants It’s an election year…when brightly-coloured campaign promises fall to the ground like autumn leaves…and rot. We didn’t get much out of the Harris-Trump debate. One candidate seemed like a big, old, angry, tired dummy. The other… younger… more conniving… appeared as a smooth, but […]

By Bill Bonner, Thursday, 12 September 2024

Inflate or Die

Here’s the latest. Bloomberg: ‘Trump now threatening 100% tariffs… unless you use the dollar that he is determined to depreciate.’ ‘Donald Trump pledged on Saturday to make it too costly for countries to shift away from using the US dollar, adding a new pillar to his tariff platform. “You leave the dollar and you’re not […]

By Bill Bonner, Wednesday, 11 September 2024

Barbarians on the Potomac

‘At a minimum, rate cuts will… entice individuals and businesses to borrow money and spend it on things that would otherwise be too expensive. Individuals may see a dip in mortgage rates and take on a mega home loan. Businesses with little growth prospects may borrow money to buy back their own shares.’ MN Gordon […]

By Bill Bonner, Tuesday, 10 September 2024

Boy Meets Girl

The secret, dear reader, is the money itself. Real money comes from output, not from the feds’ printing presses. As we keep saying, when the money goes, everything goes. So today we wonder why…. Federal debt was 32% of GDP under Jimmy Carter. Now it is 125% of GDP. So what? The total value of the […]

By Bill Bonner, Monday, 09 September 2024

In the Chips

‘Ooh-wah, ooh-wah, ooh-wah ‘Ooh-wah, ooh-wah, ooh-wah ‘Why do fools fall in love? ‘Why do birds sing so gay ‘And lovers await the break of day? ‘Why do they fall in love? ‘Why does the rain fall from up above? ‘Why do fools fall in love? ‘Why do they fall in love?’ Frankie Lyman and the […]

By Bill Bonner, Friday, 06 September 2024

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All advice is general in nature and has not taken into account your personal circumstances. Please seek independent financial advice regarding your own situation, or if in doubt about the suitability of an investment.

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