In more ways than one, America 2019 is starting to resemble its former self from 90 years ago. 1929 was a time of euphoria, particularly among those who could afford to invest in the stock market. And for those who couldn’t, the divide between the haves and the...
In a nation with a nearly $22 trillion debt and tuition costs rising every year, perhaps it shouldn’t be surprising that U.S. student loan debt is sky high. To learn that the amount of student debt has literally doubled since the Great Recession, however, is beyond...
“What matters is not the trigger, but the preconditions that make the system vulnerable.” – Jim Rickards So here we are, ten years to the day of the Lehman Brothers’ bankruptcy on September 14, 2008. The gut-wrenching fear leading up to Lehman’s demise that prevailed...
“The only thing that truly trends is humans extrapolating their rates of return emotionally. Everything else will regress to the mean at some point. Investors are being given a gift and do not see it. Every rally in stocks should be used to lighten exposure to a...
The longer the Dow and S&P 500 put in new highs, the more often commentary surfaces on why the next stock market crash will occur and how much worse it will be compared to the Great Recession wipeout. An assumption that appears along with those expectations is...