The latest GDP numbers are a blessing and a curse. The American consumer is feeling confident, but this puts the Federal Reserve in a pickle. So where do you invest while this conundrum plays out?
The state is not the solution. It’s the problem. The problems facing our country are not democrat problems or republican problems. They’re government problems. And the problems that aren’t specifically related to the government, such as the aging of our workforce, aren’t things the government can solve. The best thing it can do is simply get out of the way and let the private sector sort it out the best it can.
We’re not even a full month into 2024, and it’s already been a roller-coaster ride in the market. At The Freeport Society, we maintain cool heads as chaos swirls. We look for ways to protect your wealth and independence. We hunt for opportunities to grow your wealth to secure your independence. That’s why we asked Lucas Downey, a contributing editor at TradeSmith, if we could share one of his recent articles with you.
There’s a problem with demanding higher wages at the proverbial point of a gun. It generally backfires because companies push those increased costs back onto consumers… the very people fighting for more money. There’s another outcome of this blind push for higher wages…
The problem with Davos isn’t so much its agenda. Like any set of policies, there are some good, some bad, and some ugly. The problem is the messenger. No one trusts the governing class. And can you blame them?
High on the list of controversial issues that presidential hopefuls are debating as electioneering gathers steam is… surprise! The unconscionable, uncontrolled, unmanageable debt our elected government has managed to accrue. Recently, our friend Bill Bonner penned a piece that considers the two options this great nation of ours has to extricate itself from the debt swamp that the reckless, incompetent ruling elite have sunk us into.
It might not sound like much, but it was worse than expected. Now, it’s not all that certain the Fed’s rate hikes have inflation under control after all. There is someone who can, though…
After all the drama, the SEC finally approved new Bitcoin ETFs. Does that mean you should rush out to add some of them to your portfolio? Not so fast.
My pants and Lululemon were on my mind recently when I read the company founder Chip Wilson’s response to its “diversity and inclusion thing,” in his words.
In the not-too-distant future, they may give a war on the Korean peninsula and nobody will come. But it won’t be because the Koreans suddenly embrace pacifism.
