“Burn It Down” Nihilism Is Harmful Too
08/27/2020 9:15 AMThese are genuinely fascinating times to be an investor. Markets seem to be going through a generational phase shift, and not necessarily for the best. I see a culture that is leading itself away from prosperity and towards the abyss, and I’m helpless to stop it. My...
read more
Beware of One Size Fits All Recovery Plans
08/27/2020 6:29 AMEspecially those that satisfy a political agenda. We know the industries and individuals most impacted by pandemic related decisions - that's where our tax dollars should go. (Note: Please share this comment on Facebook and Twitter. If you know someone who would enjoy...
read more
Schachter’s Eye on Energy – Aug. 26th
08/26/2020 1:16 PMThis week Josef explains how Crude oil remains in the US$43/b range due to the incoming Hurricane Laura which has shut in a majority of the US offshore oil and natural gas production. As well as how heading into September we'll see a build in inventories occurring and...
read more
Investors jump into gold, price up 1% as tensions between China and U.S. increase
08/26/2020 8:17 AMRising geopolitical tensions between the U.S. and China are giving gold a boost late Wednesday morning as prices have pushed well off their session lows. December gold futures last traded at $1,947 an ounce, up more than 1% on the day. The rally comes as the U.S....
read more
The Fed Faces A “Complete Nightmare”: Convincing The Public That Higher Inflation Is Good For Them
08/26/2020 8:04 AMYesterday we explained why Bank of America, a contrarian voice among Wall Street banks, believes that hopes for an explicit announcement of Average Inflation Targeting by Jerome Powell in his highly-anticipated speech titled "Monetary Policy Framework Review" which...
read more
A Straightforward Question For Everyone Who Belongs to a Workplace Pension or Canada Pension
08/26/2020 6:36 AMMillions of workers are going to have their pension benefits cut in the next 5 years - and record low interest rates make it worse. (Note: Please share this comment on Facebook and Twitter. If you know someone who would enjoy listening please recommend they visit our...
read more
Technically Speaking: Why This Isn’t 1920. Valuations & Returns
08/25/2020 9:10 AMWhy this isn’t 1920 has everything to starting valuations and future returns. While, generally, I’m not too fond of comparisons between today’s markets and the past, Ed Yardeni made a comparison too bombastic to disregard in his blog: “We live in interesting, though...
read more
“History doesn’t repeat itself, but it often rhymes.”
08/25/2020 7:42 AMWe live in interesting, though not unprecedented, times. The Roaring 1920s could be a precedent for the Roaring 2020s. The good news is that the bad news during the previous precedent was followed by the Roaring 20s. So far, the 2020s has started with the pandemic,...
read more
Why I Don’t Like Talking Politics
08/25/2020 6:49 AMNasty, irrational and unprincipled just about sums it up - and none of that will save us from what's coming next financially - in fact on MoneyTalks we're already making money because of it. (Note: Please share this comment on Facebook and Twitter. If you know someone...
read more
