Negative Real Interest Rates – The Inflation Rate Above The Interest Rate

via @OccupyWisdom : NEGATIVE REAL INTEREST RATES The #inflation rate above the interest rate Wage earners lose Savings deposits lose Cash holders lose Bond/Fixed income investors lose Retirees lose Most equity investors lose …and debtors lose too, bc of course THOSE rates are far from NEGATIVE RULE OF 72 👨🏼works hard, saves $10K in the avg savings … Read more

S&P creating topping pattern like 2000 & 2007?

by Kimble Charting CLICK ON CHART TO ENLARGE Did the topping patterns in 2000 & 2007 have anything in common? Yes!  While the S&P was hitting nominal new highs in 2000 & 2007 at each (1), monthly momentum was actually heading lower at each (2). Of late the S&P is hitting new highs, while monthly which was recently … Read more

How McCain paved the way for Trump

From Reason: John McCain held Donald Trump in deserved contempt, and Trump mocked and detested him in return. But in a sense, Trump is one of the best things that ever happened to McCain. He gave the senator from Arizona so many chances to display his admirable qualities that you could forget he had others. There … Read more

Bank of America Freezes Immigrant Bank Accounts – “Fear is gripping these communities”

by stockboardasset Bank of America has reportedly frozen the accounts of Saeed Moshfegh, an Iranian student getting his Ph.D. in physics at the University of Miami, who has been in the country for more than a decade. To maintain the accounts, all he had to do was show proof of legal residency every six months, however, earlier this … Read more

Is Filing For Bankruptcy Right For You?

by Dennis Miller Millions of baby boomers and seniors are now discovering their retirement nest egg is not delivering like they anticipated. Unless you have a well-funded pension, your income projections are not being met. Why? Was there a mistake in the plan? What can be done once they have left the workforce? We hear a … Read more