Category Archives: Investments & Investing

Fund Managers: Stocks Now Most Overvalued Since 2000

Professional fund managers now say US stocks are more overvalued today than they have been in nearly 20 years, according to a new survey done last week by Bank of America Merrill Lynch (BAML). The latest BAML survey found that a net 34% of fund managers now believe US equities are overvalued compared with other…

Fed’s Yellen Turns Hawkish – Rate Hike As Early As March

Federal Reserve Chair Janet Yellen appeared before Congress on Tuesday for the first day of her semiannual testimony on monetary policy. In a surprise to many, Yellen gave the markets a wake-up call — that the Fed is serious about raising interest rates three times this year, and possibly as early as the next Fed…

Steve Forbes: Trump’s Tax Cuts Should Be Big & Bold

Donald Trump’s campaign theme was “Make America Great Again.” In an effort to make that happen, Mr. Trump promised to revive our sluggish economy with the largest income tax cuts since Ronald Reagan, tax simplification and rolling back government regulations that hamstring businesses. He also promised to slash the corporate income tax rate from 35%…

Global Debt Hits Record $152 Trillion, 225% Of Global GDP

The International Monetary Fund (IMF) warned last week that global debt hit a record-high $152 trillion at the end of last year. Global debt, as monitored by the IMF, includes debt held by governments, non-financial firms and households. Global debt has more than doubled since 2000. Current debt levels now sit at a record 225%…

The Fed, The Feud And The Fraud

To almost no one’s surprise, Janet Yellen & Company voted to keep the Fed Funds rate range unchanged at 0.25%-0.50% at the latest policy committee meeting that ended yesterday. The policy statement released after the meeting was quite positive regarding improvements in the economy, the labor market and consumer spending since the last committee meeting….