Category Archives: Investments & Investing

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….

The US Economy Is Nowhere Near “Full Employment”

The official unemployment rate in the US has now been below 5% for four consecutive months. I mentioned in my E-Letter on Tuesday that some economists and members of the Fed believe the economy is approaching what is referred to as “full employment,” which essentially means that everyone who really wants a job can find…