Among the over $2 trillion in the new Cares Act is a couple of provisions to help people with their retirement accounts during the virus panic. These changes deserve to stay. The coronavirus scare has had many people scrambling to make ends meet due to a loss of income from the widespread shutdown that the […]
David Hammer of bond king Pimco is doing his best to drum up more interest in municipal bonds. Their little scare may be over, but there’s little to be excited about here. There are three main types of bonds that people can invest in, which are sovereign bonds issued by federal governments, such as U.S. […]
Even in the best of times, there are always people who remain bearish, and during full moons like this, really come out to howl at it. Economist Charles Dumas is leading the way. Hardly anyone would claim that we are out of the woods yet with the coronavirus panic response. As long as this continues […]
The number of new unemployment claims in the U.S. blew up to 3.28 million, but we all knew that this was coming. This included the stock market which continued upward. It might not seem to make much sense that we could get the worst jobless claim report in history and see the stock market rally […]
Inflation eats away at all assets, where it gets deducted off the top from our assets. Inflation going up is a concern to many, but the best way to beat it is to just beat it. Inflation risk in principle applies to all investors, although it is more of a concern to those who shoot […]
While it is too soon to say that the worst is over with the recent panic in the stock market, we’re seeing real signs that the buyers may be ready to really jump in. As bad as the fear has been in the markets over the last 5 weeks, and as out of proportion as […]
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, […]
Technical analysts at least look at what really matters when looking at stock prices, the actual prices. Even when we’re looking at the right thing, it’s important to use our heads. Among the various ways that we can study the movement of stock prices, studying the actual price trends makes the most sense by far, […]
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 […]