Sun, 4 February 2018
Our FEATURE today focuses on the dramatic inflection point reached this past Friday that impacted all the financial and real estate markets. In fact all of the 4 major sectors; Political, Economic, Social & Technological will experience a change that represents additional risk or opportunity for just about everyone. An unexpected increase of 2.9% in the Average Monthly Wage triggered a sudden increase in interest rates affecting all markets. Unknown to most the US Treasury needs to fund (net net) $955 B in debt in the next 7 months which is double the amount required last fiscal year. In addition the Fed has announced that it will be reducing its' balance sheet including US Treasuries. The question is: Who are the buyers and at what price? The Inflation Jeannine is out of the bottle and the prospect of higher interest rates is a certainty. Other topics include: "The Muni Bond time bomb", the threat of hyperinflation, DOW down 666 points--a sign of the beast, Bit coin hits low of $7,700, US Gov projects student loan losses, the supply deficits in lithium & cobalt, the coming commodity boom, the most dangerous man in the world, "A Reckoning for the FBI" and the Consumer Financial Protection Bureau's policies could be unconstitutional.