We thought some of our observations in the last few months should be looked at again. How quickly the tide has turned to cause massive selloffs and volatility in all markets. Considering the carnage, gold has remained positive relative to other markets.
Last October George Gammon did a video on a 2020 recession scenario. Gammon is an expert on macroeconomics and real estate investments. The video was to the point and the topics were explained thoroughly. The following is a detailed summary of the 5 reasons he believes a 2020 recession will be worse than 2009.
There’s much on the surface that makes a casual observer think the US has a strong robust economy. For example, you always hear about how strong our job market is. The job market is a lagging indicator. And if it’s true that everyone who wants a job has a job, not everyone has a good […]
Our Economy (Part One of the Saga) So Are We Good Or What? Reliable Indicators Show Recession Ahead Don’t expect interest rates to rise anytime soon. So say our friends at the Fed. Federal Reserve Chairman Jerome Powell said, The US economy is in a good place and we will use our monetary policy tools […]
Janet Yellen, who served as Chairwoman of the Federal Reserve from 2014 until February 2018, made worrisome statements on Monday regarding the economic outlook for the US.
Last week we saw a significant stock market rally in the wake of a positive meeting between President Trump and Chinese President Xi Jinping. The two leaders agreed to a truce on new tariffs and to negotiate towards a new trade deal. This meeting came on the heels of positive retail numbers to start the […]
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