portfoliowatch.png
While the fact that we have witnessed inflation over the past several years is indisputable, the annual rate of inflation is perhaps a bit unclear.

Read more

portfoliowatch.png
Eventually, one of two things happens.  Either the currency creation continues, and the currency is eventually destroyed, or the currency creation stops in time to save the currency, only to see a period of painful deflation materialize.

Read more

portfoliowatch.png
Seems that deflation is emerging.  And the Fed is poised to use the only tool they have left.  Long term, it can’t work.

Read more

portfoliowatch.png
Despite the reported inflation numbers and the reported jobs numbers, the economic reality is that nearly two thirds of American households are living paycheck-to-paycheck.

Read more

portfoliowatch.png
The official level of US Government debt is now over $34 trillion!

Read more

portfoliowatch.png
Here we are again at the beginning of another New Year. Happy New Year!

Read more

portfoliowatch.png
Inflation has eroded the purchasing power of the US Dollar over the past two years; IRA and 401(k) investors who are invested in stocks have seen the real value of their investments fall.

Read more

portfoliowatch.png
Simple math dictates that this debt cannot be financed honestly but will likely require the Federal Reserve to step in and become the buyer of last resort for US Government debt.

Read more

portfoliowatch.png
Inflation or deflation? In my view, we are transitioning, and despite their insistence to the contrary, I expect the Fed will once again resort to some version of currency creation as we enter 2024.

Read more

portfoliowatch.png
I expect more inflation in things we have to buy like groceries, while things we own will see values fall due to deflation.

Read more