The investment world has truly gone mad when it prefers to put money into negative yielding bonds rather than just stuff it under the mattress for a guaranteed zero percent return. This is an ominous sign for the global economy. (Bloomberg) — The universe of negative-yielding bonds grew about $1.2 trillion this week after dovish […]
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/
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/
Since when do people complain about not paying enough taxes? Since a group of about 400 wealthy corporate executives and professionals found solidarity in concluding that wealth inequality in the country has been stretched to the limits and that any further advantages bestowed upon them through Trump’s Tax plan would only exacerbate the problem. Instead, […]