Category Archives: Finance

This Bot Wants to Be Your Personal Banker

According to Salvador Rodriguez, an Inc. Magazine staff reporter, MyKai is a revolutionary AI bot created to manage all your financial activities right from your phone.  Although the concept is exciting and a lot of people, including me, could certainly use the assistance, the reality of flawless integration still lies a bit in the distant future. #AIbot #digitalmoney […]

The next recession is already here—and there isn’t much the Fed can do

CNBC commentator Michael Pento, producer of the weekly podcast “The Mid-week Reality Check,” and author of  The Coming Bond Market Collapse, presents data from leading economic indicators and argues that the U.S. has already entered a recession when factoring in CPI inflation. He warns that equity markets have priced themselves for a strong recovery and are ill-prepared for […]

Why Bill Gates Says Chickens Are the Answer to Global Poverty

Bill Gates, number one on Forbes’ Billionaires list, has a solution to reverse global poverty–chicken farming! Gates suggests that even a single chicken per household can change the economic circumstances for an incredible number of families around the globe. Source: Why Bill Gates Says Chickens Are the Answer to Global Poverty – and the Reason He’s ‘Never Raised’ One Himself

GEORGE FRIEDMAN: A crisis is brewing that will tear the global system apart

George Friedman, a geopolitical forecaster and strategist, and founder and former chairman of Stratfor, a prominent consulting firm to the U.S. military and intelligence agencies, has some sobering predictions for us…and it doesn’t sound good. Source: GEORGE FRIEDMAN: A crisis is brewing that will tear the global system apart – Business Insider

Steve Blank on the Tech Bubble: ‘VCs Won’t Admit They’re In a Ponzi Scheme’

Steve Blank, is a professor and creator of the lean startup movement.  In a recent interview with Inc.com, he suggested that the role of VC’s has shifted over time, and that it may be signaling that the Silicon Valley bubble is ready to burst. Source: Steve Blank on the Tech Bubble: ‘VCs Won’t Admit They’re In a […]

These 9 Charts Explain The Global Economic Slowdown — And Why Central Banks Can’t Fix It

John Mauldin asserts that GDP growth has only two basic components: growth in productivity and growth in the workforce size. You can grow an economy by increasing the working-age population or by increasing productivity; it can’t be done with central bank magic fairy dust…. Source: These 9 Charts Explain The Global Economic Slowdown — And Why Central Banks Can’t Fix […]

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The seeds of the next housing crisis have already been planted

We’re seeing the same telltale signs that we did a decade ago, writes Michael Brush in a recent MarketWatch article.  Does that mean we have planted the seeds for the next housing crash?  Read on and decide if you agree or not.

Source: The seeds of the next housing crisis have already been planted – MarketWatch

It’s Do or Die for the Bulls

Watch the video, “It’s Do or Die for the Bulls” on Yahoo Finance. The Bank of Japan just shocked the markets. Investors around the world were hoping for more stimulus. Instead, they got the worst news possible: ‘helicopter money’ is illegal in Japan. Source: Right now, it’s do or die for the bulls | Watch the […]

Bill Bonner preparing for next recession

One economist laments on the historically high US debt bubbles and says he’s preparing for the next recession…by stocking up on cattle, wine, and vegetables. Source: Bill Bonner preparing for next recession – Business Insider

The Housing Supply Problem

  US housing supply can’t keep up with accelerating demand, which forces home prices and rents up. The article suggests that this imbalance could potentially wake the sleeping inflation dragon and force the Fed to raise rates more frequently and aggressively than expected. Source: Housing market supply problem – Business Insider