Category Archives: Uncategorized

Seasons Greetings and Hope for the Future

We at BLTnetwork would like to wish you good health and humor as we close out a volatile 2020 and move into yet foggy 2021. Our wish for Health is for combating Covid-19, and Humor is for staying sane and hopeful during these trying times. We have faced many hardships this year due in large […]

America, we have a problem

Money isn’t distributed equally enough in America anymore, and it’s getting worse, faster. Those living on minimum wage are earning 38% less, adjusted for inflation, compared to their counterparts 50 years ago. What gives? — Read on finance.yahoo.com/news/america-we-have-a-problem-115714416.html

Regime Change For the Fed — Honest Rates

James Grant was one of three recipients of the 2019 Bradley Prize. Roger Kimball and Judge Janice Rogers Brown were likewise honored. At the May 7 award ceremonies at Washington, the famed editor of Grant’s Interest Rate Observer had this to say: * — Read on www.nysun.com/national/regime-change-for-the-fed-and-honest-rates/90694/

Wealth concentration near ‘levels last seen during the Roaring Twenties,’ study finds | The Seattle Times

The shift is eroding security from families in the lower and middle classes, who rely on their small stores to finance retirement and to smooth over shocks like the loss… — Read on www.seattletimes.com/business/wealth-concentration-near-levels-last-seen-during-the-roaring-twenties-study-finds/

Ray Dalio Sees Parallels to 1930s in Today’s Markets

Ray Dalio, founder of Bridgewater, the world’s largest hedge fund, believes current economic conditions are similar enough to those in the 1930’s to warrant significant portfolio reallocations, including holding at least five to ten percent in gold. — Read on finance.yahoo.com/news/ray-dalio-sees-parallels-1930s-170410932.html

Wall Street Fears 50% Stock Drop Could Reach Scary “Fair Value” Level

This October is bringing with it a lot of scary stuff, and Halloween isn’t even here yet. Wall Street is starting to issue dire warnings that a significant stock market correction of 50% could reduce equity values back down to…get this… historic “fair value” averages. Because of this, we may have a real “Trick-or-Treat” market […]

Emerging Markets’ Oil Shock is Here

Brent crude recently hit $85 a barrel on its way higher, possibly towards $100, a level some analysts expect by the end of the year. Although it is still a long way from the 2008 record of $147.50, prices in emerging market currencies, which have strongly devalued against the US dollar, are already exceeding the […]