Praise for The Moneyist

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Picture Credit: Marketwatch.com || Quentin Fottrell takes your questions and answers them… we sometimes do that at Aleph Blog I sometimes read c as he answers tough reader questions at The Moneyist, a column at Marketwatch.com. In general, I agree with what he advises 90% of the time, and think he does it in an… Read More

China Enters 2020 Still (Intent On) Managing Its Decline

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Chinese Industrial Production accelerated further in December 2019, rising 6.9% year-over-year according to today’s estimates from China’s National Bureau of Statistics (NBS). That was a full percentage point above consensus. IP had bottomed out right in August at a record low 4.4%, and then, just as this wave of renewed optimism swept the world, it… Read More

Neither US Retail Nor Industry Ended 2019 In A Good Place

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US retail sales were disappointing in December 2019, though it depends upon your perspective for what that means. Unadjusted, total retail sales were 6.01% more last month than the same month of the prior year. It was the highest year-over-year growth rate since October 2018. The reason was entirely due to base effects. You might… Read More

Age-Invariant Asset Allocation

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Photo Credit: Free Fergerson || Old & Young — we’re all human It is often said that young people should invest more in stocks because they have more time to bounce back from bad market environments, and so they should take more risk. There is some merit to that argument. But young people don’t have… Read More

Germany, Maybe Europe: No Signs Of The Bottom

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For anyone thinking the global economy is turning around, it’s not the kind of thing you want to hear. Germany has been Ground Zero for this globally synchronized downturn. That’s where it began, meaning first showed up, all the way back at the start of 2018. Ever since, the German economy has been pulling Europe… Read More

Stock Bubbles And Dutch Tulip Bulbs

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“People were purchasing bulbs at higher and higher prices, intending to re-sell them for a profit. Such a scheme could not last unless someone was ultimately willing to pay such high prices and take possession of the bulbs. In February 1637, tulip traders could no longer find new buyers willing to pay increasingly inflated prices… Read More

Why So Much Fuss Over SOFR?

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More than two years into the SOFR regime, it’s not really going all that well. Adoption remains, shall we say, questionable and uncertain even though, everyone says, LIBOR is on its way out and the Secured Overnight Financing Rate is the future. Jumbled together by the Fed’s New York branch, the latter is, we are… Read More

Gold In 2020 & Beyond – What To Expect & Why

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This article is a review of how gold has performed over the years, the gold market currently, what to expect beyond 2020 and how best to achieve your financial goals. Gold Has Performed Well Over the Years Gold had a good year in 2019, rising about 18%. Since 2000, gold has averaged 11% annually in the… Read More

Cannabis Central: The Sector’s 20 Most Shorted Stocks

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Many investors do not believe all the hype regarding pot stocks and believe that the industry is overvalued. Below are the 20 most shorted cannabis stocks. By Lorimer Wilson, editor of munKNEE.com Short-selling Short-selling, is when an investor borrows shares and immediately sells them, hoping he or she can scoop them up later at a lower price,… Read More

Inflation, But Only At The Morgue

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Why is everyone so angry? How can socialism possibly be on such a rise, particularly among younger people around the world? Why are Americans suddenly dying off? According to one study, two-thirds of millennials are convinced they are doing worse when compared to their parents’ generation. Sixty-two percent say they are living paycheck to paycheck,… Read More

Why 2014? Less (Big) Banks, Fewer ‘Dollars’, No Growth

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One of the biggest reasons why I always find the regulations explanation(s) so lacking is because of what is the biggest part of the scientific process. The excuses for problems in global liquidity and the dollar-based banking system in general have run the gamut of regulatory exercises. Who can forget, for one example, 2a7? That… Read More

401(k) Contribution Limit Goes Up in 2020

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Call it a gift. Call it crazy. Call it whatever you want. But it’s good news. The IRS will let you put more money into your 401(k) account in 2020. The maximum contribution to a 401(k) this year is $19,500, up from $19,000 in 2019. If you are age 50 or older, you can make… Read More

Clarida Picks Up Some Data

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I should know better than to make declarative all-or-none statements like this. I said there isn’t any data which comports with the idea of a global turnaround, this shakeup in sentiment which since early September has gone right from one extreme to the other. Recession fears predominated in summer only to be (rather easily) replaced… Read More