Updated Aug 2019; New Notes Posted towards the end of the article Even Weak Economy Can’t Stop Secular Bull Market The data below serves as further proof that the economic recovery is nothing but an illusion. It has only benefited those who don’t really need it. The rich have become even richer, the middle class … Read more
Trend-Focused Dow Outlook: Price Targets Irrelevant Updated March 2023 Let’s take a historical dive and examine what was expressed in 2017 when this article was initially published. Since then, it has been updated multiple times, and today we will provide the 2023 outlook, making the text sound more modern. The Dow appears to have broken … Read more
How Is Inflation Measured; Focus on how to win Here is something interesting; the Fed has just confirmed that inflation might not be an issue; translation the era of rate hikes might be over. Yellen acknowledged that inflation is well below the Central Bank’s target of 2% Yellen, as she has in other statements recently, … Read more
Nothing has changed; the data still looks rather dismal if you examine it closely. Many sectors are going through a massive upheaval. The Restaurant Business is facing lean times, and the outlook will only worsen in the years to come. Restaurant chains posted some of their weakest results since the recession last year as … Read more
Fake Polls The world is moving towards a digital age, and in such an era it is far easier to manipulate the crowd for very few bother to check the facts. They assume that the data presented is accurate. For example, Reuters posted an article after article stating how the Republicans had released so … Read more
Fiat Money Definition Fiat money definition is meaningless today as most of the crowd does not even realize that the currency they are getting paid in is worthless paper. However, for the few that seek an answer, Fiat money is money that is backed by nothing other than a promise that a debt will be … Read more
A tragic event occurred at Palouse Falls State Park. According to reports, Cade Prophet, a 25-year-old hiker, was taking a selfie with his girlfriend near the top of a waterfall when he slipped and fell into the Palouse River. Despite efforts to rescue him, the river’s strong current carried him away, and his body was … Read more
Hungary’s leader Sates Soros act’s are a declaration of war and he is right BUDAPEST, Hungary (AP) — Hungary’s prime minister says criticism by billionaire George Soros who has made claims about corruption and a “mafia state” in Hungary is a “declaration of war.” Prime Minister Viktor Orban said Friday that the Hungarian-American investor is … Read more
Benefits of Artificial Intelligence: The largest fund company in the world, BlackRock, has faced a thorny challenge since it acquired the exchange-traded-fund business from Barclays in 2009. These low cost, computer-driven funds have exploded in growth, leaving in the dust the stock pickers who had spurred an earlier expansion for the firm. The rise of … Read more
US Economic Recovery is Not Real Sometimes a picture speaks a thousand words, and on other occasions, it might need 10K to explain what is going on. In this case, the chart speaks for itself. If this economic recovery were real, then real unemployment rates would be dropping, and that is not the case here. … Read more
