Mike's Daily Comment
This is really worth knowing. It comes down to one factor – and it’s not how much money they printed.
It’s a debt filled world and what’s going on in the bond market is way more important than Bitcoin, GameStop or Tesla. And it impacts every one of us.
The US economy’s recovering, jobs stats improving, states are opening up and all before the monstrous $1.9 trillion stimulus package – borrowed money, of course. Let’s not make the same mistake here.
Mike starts by betting you are better at predicting the future than you think. Legendary credit analyst, Bob Hoye drops by to tell us how worried we should be about the biggest bubble of them all – the bond market is showing signs of popping. The shocking stat reveals that when it comes to “diversity” in education the odds are stacked against us.
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Michael offers easy reading, honest, common sense information that anyone can use in a practical manner.
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A sane voice in a scrambled investment world.
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Levy: COVID 19 – The Biggest Business Story of the Year
Posted by Michael Levy
on Thursday, 11 March 2021 7:29
If the Feds ran the government like a business, particularly in the case of the vaccination program they would have been bankrupt many months ago.