I’m about to deliver some news that will not shock you. No need to sit down. Feel free to take a big sip of whatever beverage you’re enjoying right now. According to recent data from a respected stock market research platform, the folks in Washington aren’t keeping their hands out of the cookie jar. What IS a little bit shocking is that there seems to be little to no outcry about all this.
In 1974 the federal government mandated that 55 miles per hour was the maximum speed on all interstate highways. That was the wrong response. Capital markets knew and did better. Now, government is interfering again…
The leading maker of electric vehicles is having a hard time of late. How did everyone’s favorite company run by everyone’s favorite tech visionary/comic-book villain fall from grace? Let’s take a look…
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…
