Stock market strategist Peter Schiff was once regarded as “Dr. Doom” for his pessimistic views of the housing market. He’s seeing the potential for doom once again. Calling someone “Dr. Doom” is only an insult if the doom that you see is that exaggerated. Equity strategist and stock market commentator Peter Schiff did seem to […]

Microsoft founder Bill Gates has been speaking about a coming pandemic for 5 years now. He believes we need a vaccine to put all this behind us. As we move further and further along in our battle with COVID-19, a lot of the discussion has naturally turned to what our exit strategy will be. While […]

The battle against the coronavirus is being fought on two fronts, the health one and the economic one. Former Senator Jim DeMint is one of the few seriously looking at both. In the frenzy that has developed over our trying to limit the number of deaths that COVID-19, the points of view out there have […]

While the bickering in Congress over a fiscal stimulus bill of enormous proportions continues, the Fed has thrown caution to the wind and will even be buying ETFs. Given that the Federal Reserve has already gone to the felt with interest rate cuts, that doesn’t necessarily mean that they are finished. They do have some […]

The record for the worst economic decline in a single quarter is 10%, set back in 1958. That record has lasted over 60 years, but it’s about to fall, and fall in a very big way. Even in the worst of times, when the economy is in decline as much as it ever normally does, […]

We are being told that governments are doing everything they can to save us from doom. If we are going to be facing real doom, it is the treatment, not the cure that will bring it on. With each passing day, the hyperbole surrounding our response to COVID-19 just keeps growing, like a cancer. In […]

People are becoming more terrified each day of the health threat they believe COVID-19 is. The health risks aren’t scary at all, but the economic damage gets scarier each day. When COVID-19 became perceived as a big enough threat to lockdown Hubei Province in China, we knew that their economy would take a meaningful hit, […]

University endowments have been earning returns that have well underperformed stocks, due mostly with their fascination with private equity. They happily fail though. University endowments manage a total of $840 billion in funds these days, and coming in with returns that have averaged 6.3% less than the S&P 500 over the last 10 years should […]

Whether or not there is an actual emergency in the United States right now, President Donald Trump has declared one, to provide him access to up to $50 million by his own pen. Looking back on how COVID-19 has played out around the world so far, it shouldn’t surprise us too much that this has […]

China’s massive effort to try to contain the coronavirus definitely is having an effect on their economy, but now that the incident is winding down, they are starting to heal already. Through all the panicking that is going on in the world about the potential spread of the coronavirus, we’re somehow not noticing that things […]