Insider http://www.peakprosperity.com/insider/newest?title=&uid=&created= en The Pension Time Bomb http://www.peakprosperity.com/insider/101141/pension-time-bomb ]]><p>Among the many losers picked by the Fed (in favor of rewarding a very tiny and wealthy minority), perhaps the greatest victims are pensions.</p> <p>Pensions have to make a couple of key assumptions.&nbsp; One is how long you expect your cohort of pensioners to live. The second is the rate of return on the funds.&nbsp; On both counts, pensions have been wrong, and wrong again.</p> <p>People keep living longer and pension fund returns keep underperforming.&nbsp;</p> <p><a href="http://www.peakprosperity.com/insider/101141/pension-time-bomb" target="_blank">read more</a></p> http://www.peakprosperity.com/insider/101141/pension-time-bomb#comments Insider CalPERS Fed Federal Reserve Illinois interest rate Pension rate of return http://www.peakprosperity.com/crss/node/101141 Mon, 29 Aug 2016 23:39:52 +0000 cmartenson 101141 at http://www.peakprosperity.com Off The Cuff: There Is No 'Market' Anymore, Only Manipulation http://www.peakprosperity.com/insider/101022/cuff-there-no-market-anymore-only-manipulation ]]><p>In this week&#39;s Off The Cuff podcast, Chris and John&nbsp;Rubino&nbsp;discuss:</p> <ul> <li style="line-height: 19.5px;">There Is No &#39;Market&#39; Anymore <ul> <li style="line-height: 19.5px;">Prices are fully manipulated these days</li> </ul> </li> <li style="line-height: 19.5px;">Missing Alpha <ul> <li style="line-height: 19.5px;">Since it&#39;s only liquidity that matters, portfolio managers are feeling the pressure</li> </ul> </li> <li style="line-height: 19.5px;">Malinvestment <ul> <li style="line-height: 19.5px;">What you get with too much cheap money</li> </ul> </li> <li style="line-height: 19.5px;">The Feds Facebook Fiasco <ul> <li style="line-height: 19.5px;">The public is waking up to the ills of central banking</li> </ul> </li> </ul> <p style="line-height: 19.5px;line-height: 19.5px;"><a href="https://s3.amazonaws.com/cm-us-standard/audio/off-the-cuff-239-sample.mp3" target="_blank">Click to listen to a sample of this Off the Cuff Podcast</a> or <a href="http://www.peakprosperity.com/enroll" target="_blank">Enroll</a> today to access the full audio and other premium content today.</p> <p><a href="http://www.peakprosperity.com/insider/101022/cuff-there-no-market-anymore-only-manipulation" target="_blank">read more</a></p> http://www.peakprosperity.com/insider/101022/cuff-there-no-market-anymore-only-manipulation#comments Insider Fed John Rubino Manipulation Off The Cuff http://www.peakprosperity.com/crss/node/101022 Sat, 27 Aug 2016 22:19:12 +0000 Adam Taggart 101022 at http://www.peakprosperity.com Off The Cuff: The Limits Of Financial Gimmickry http://www.peakprosperity.com/insider/100800/cuff-limits-financial-gimmickry ]]><p>In this week&#39;s Off The Cuff podcast, Chris and Charles Hugh Smith discuss:</p> <ul> <li style="line-height: 19.5px;">From Flowers To Floods <ul> <li style="line-height: 19.5px;">How climate variability is impacting all of us</li> </ul> </li> <li style="line-height: 19.5px;">Not All Crises Are Equal <ul> <li style="line-height: 19.5px;">Some have fixes, some don&#39;t</li> </ul> </li> <li style="line-height: 19.5px;">Resilience Is Key To National Security <ul> <li style="line-height: 19.5px;">Regenerative regimes will win out over extractive ones</li> </ul> </li> <li style="line-height: 19.5px;">Incentives Matter <ul> <li style="line-height: 19.5px;">Without the right incentives, failure is inevitable</li> </ul> </li> </ul> <p style="line-height: 19.5px;line-height: 19.5px;"><a href="https://s3.amazonaws.com/cm-us-standard/audio/off-the-cuff-238-sample.mp3" target="_blank">Click to listen to a sample of this Off the Cuff Podcast</a> or <a href="http://www.peakprosperity.com/enroll" target="_blank">Enroll</a> today to access the full audio and other premium content today.</p> <p><a href="http://www.peakprosperity.com/insider/100800/cuff-limits-financial-gimmickry" target="_blank">read more</a></p> http://www.peakprosperity.com/insider/100800/cuff-limits-financial-gimmickry#comments Insider Charles Hugh Smith Off The Cuff http://www.peakprosperity.com/crss/node/100800 Tue, 23 Aug 2016 17:49:56 +0000 Adam Taggart 100800 at http://www.peakprosperity.com Off The Cuff: The World's Banking System Is On The Precipice http://www.peakprosperity.com/insider/100624/cuff-worlds-banking-system-precipice ]]><p>In this week&#39;s Off The Cuff podcast, Chris and Mish&nbsp;Shedlock&nbsp;discuss:</p> <ul> <li style="line-height: 19.5px;">The World&#39;s Baking System Is On The&nbsp;Precipice <ul> <li style="line-height: 19.5px;">It&#39;s as vulnerable (or more) as during 2008</li> </ul> </li> <li style="line-height: 19.5px;">Stocks &amp; Bonds Hit All-Time Highs <ul> <li style="line-height: 19.5px;">We&#39;re in a chimera market right now</li> </ul> </li> <li style="line-height: 19.5px;">Central Control Is Tightening <ul> <li style="line-height: 19.5px;">Dissent is being squashed wherever possible</li> </ul> </li> <li style="line-height: 19.5px;">Real Wages Are Declining <ul> <li style="line-height: 19.5px;">Good luck squashing that dissent when folks can&#39;t feed their families...</li> </ul> </li> </ul> <p style="line-height: 19.5px;line-height: 19.5px;"><a href="https://s3.amazonaws.com/cm-us-standard/audio/off-the-cuff-237-sample.mp3" target="_blank">Click to listen to a sample of this Off the Cuff Podcast</a> or <a href="http://www.peakprosperity.com/enroll" target="_blank">Enroll</a> today to access the full audio and other premium content today.</p> <p><a href="http://www.peakprosperity.com/insider/100624/cuff-worlds-banking-system-precipice" target="_blank">read more</a></p> http://www.peakprosperity.com/insider/100624/cuff-worlds-banking-system-precipice#comments Insider banking system banks Europe Insider Mish Shedlock Off The Cuff stress test http://www.peakprosperity.com/crss/node/100624 Thu, 11 Aug 2016 23:02:41 +0000 Adam Taggart 100624 at http://www.peakprosperity.com Off The Cuff: Yes, Central Banks Are Injecting $180 Billion Per Month http://www.peakprosperity.com/insider/100390/cuff-yes-central-banks-injecting-180-billion-month ]]><p>In this week&#39;s Off The Cuff podcast, Chris and John&nbsp;Rubino&nbsp;discuss:</p> <ul> <li style="line-height: 19.5px;">$180 Billion Per Month In Global Stimulus <ul> <li style="line-height: 19.5px;">The world is awash in free money</li> </ul> </li> <li style="line-height: 19.5px;">Is Helicopter Money For The Public Coming Soon? <ul> <li style="line-height: 19.5px;">Quite possibly</li> </ul> </li> <li style="line-height: 19.5px;">Rage Against The Status Quo Is Building <ul> <li style="line-height: 19.5px;">It explains Trump,&nbsp;Brexit, Le Pen, and the rise of the anti-establishment</li> </ul> </li> <li style="line-height: 19.5px;">Prepare For The Return Of Global Conflict <ul> <li style="line-height: 19.5px;">Fracture lines are widening all across the world</li> </ul> </li> </ul> <p style="line-height: 19.5px;line-height: 19.5px;"><a href="https://s3.amazonaws.com/cm-us-standard/audio/off-the-cuff-236-sample.mp3" target="_blank">Click to listen to a sample of this Off the Cuff Podcast</a> or <a href="http://www.peakprosperity.com/enroll" target="_blank">Enroll</a> today to access the full audio and other premium content today.</p> <p><a href="http://www.peakprosperity.com/insider/100390/cuff-yes-central-banks-injecting-180-billion-month" target="_blank">read more</a></p> http://www.peakprosperity.com/insider/100390/cuff-yes-central-banks-injecting-180-billion-month#comments Insider John Rubino Off The Cuff http://www.peakprosperity.com/crss/node/100390 Fri, 05 Aug 2016 19:28:06 +0000 Adam Taggart 100390 at http://www.peakprosperity.com How To Beat Inflation http://www.peakprosperity.com/insider/99394/how-beat-inflation ]]><h1><strong>Executive Summary</strong></h1> <ul> <li style="line-height: 19.5px;">Taking Advantage of Subsidies</li> <li style="line-height: 19.5px;">The Importance of Adding New Income Streams</li> <li style="line-height: 19.5px;">Income-Producing Assets</li> <li style="line-height: 19.5px;">Hedges, Cost-Controls &amp; Other Strategies</li> </ul> <blockquote><p><em>If you have not yet read <a href="http://www.peakprosperity.com/blog/99392/burrito-index-consumer-prices-soared-160-2001" target="_blank">Part 1: The Burrito Index: Consumer Prices Have Soared 160% Since 2001,</a> available free to all readers, please <a href="http://www.peakprosperity.com/blog/99392/burrito-index-consumer-prices-soared-160-2001" target="_blank"><strong>click here</strong></a> to read it first.</em></p> </blockquote> <p>In <a href="http://www.peakprosperity.com/blog/99392/burrito-index-consumer-prices-soared-160-2001" target="_blank">Part 1</a>, we compared official rates of inflation with hard data from the real world, and found that it&rsquo;s not just the cost of burritos that has soared over 100% while inflation has supposedly been trundling along at 1% or 2% per year. The real killer is the soaring cost of big-ticket essentials such as rent, higher education and healthcare.</p> <p>So what can we do about it? There are only a few strategies that can make a real difference: either qualify for subsidies (i.e. lower household income), own assets and income streams that keep up with real-world inflation, or radically reduce the cost structure of big-ticket household expenses.</p> <h2>Qualify for Subsidies</h2> <p>Though it runs counter to our philosophy of self-reliance, we have to address incentives offered by the system we inhabit. One powerful set of incentives is entitlement subsidies for lower income households: rent subsidies (Section 8), healthcare subsidies (Medicaid and ACA/Obamacare), college tuition waivers, food subsidies (food stamps), free school lunches, and so on.</p> <p>These programs were designed to aid households that cannot earn more income, but for households on the borderline between paying full freight (no subsidies) and receiving some subsidies, it makes sense to work less, earn less and qualify for substantial subsidies.</p> <p>I am not recommending gaming the system, I am simply noting that subsidies exist and those who earn just above qualifying incomes are in effect punished for earning a bit too much.</p> <p>In many cases, we assume subsidies are reserved for &ldquo;poor people&rdquo; and we don&rsquo;t qualify. For entitlements such as food stamps (SNAP), this is generally the case. But other programs offer some subsidies to households with incomes that are substantial...</p> <p><a href="http://www.peakprosperity.com/insider/99394/how-beat-inflation" target="_blank">read more</a></p> http://www.peakprosperity.com/insider/99394/how-beat-inflation#comments Insider hedges hedging inflation real estate Subsidies http://www.peakprosperity.com/crss/node/99394 Fri, 29 Jul 2016 19:31:25 +0000 charleshughsmith 99394 at http://www.peakprosperity.com Hoping For A Market Crash http://www.peakprosperity.com/insider/100044/hoping-market-crash ]]><p>We desperately need to have new national and global conversations about everything from how we&rsquo;ll feed everyone in 2050, to developing a coherent sustainable energy policy, to the fact that each year is hotter than the year before, to the idea that we&rsquo;re living with a soul crushing sense of scarcity in a world of abundance.</p> <p>There&rsquo;s lots that needs addressing, and the process should begin with letting go of the old narrative so that we can make space for assembling the new one.</p> <p><a href="http://www.peakprosperity.com/insider/100044/hoping-market-crash" target="_blank">read more</a></p> http://www.peakprosperity.com/insider/100044/hoping-market-crash#comments Insider bonds central banks crash credit equities Federal Reserve Markets stocks http://www.peakprosperity.com/crss/node/100044 Thu, 28 Jul 2016 05:32:11 +0000 cmartenson 100044 at http://www.peakprosperity.com Off The Cuff: The Message Is Spreading http://www.peakprosperity.com/insider/99967/cuff-message-spreading ]]><p>In this week&#39;s Off The Cuff podcast, Chris and I summarize our experiences last week at Freedom Fest, as well as Chris&#39; subsequent trip to the Opal wealth conference in Newport.</p> <p>The quick synopsis is that the Peak Prosperity message is spreading. And influencing more decision makers than either of us realized.</p> <p style="line-height: 19.5px;line-height: 19.5px;"><a href="https://s3.amazonaws.com/cm-us-standard/audio/off-the-cuff-235-sample.mp3" target="_blank">Click to listen to a sample of this Off the Cuff Podcast</a> or <a href="http://www.peakprosperity.com/enroll" target="_blank">Enroll</a> today to access the full audio and other premium content today.</p> <p><a href="http://www.peakprosperity.com/insider/99967/cuff-message-spreading" target="_blank">read more</a></p> http://www.peakprosperity.com/insider/99967/cuff-message-spreading#comments Insider Adam Taggart Freedom Fest Off The Cuff Opal http://www.peakprosperity.com/crss/node/99967 Sat, 23 Jul 2016 01:46:29 +0000 Adam Taggart 99967 at http://www.peakprosperity.com Strange Happenings in Japan http://www.peakprosperity.com/insider/99640/strange-happenings-japan ]]><p>The whole world now waits to see which central bank is up next to do the heavy lifting for the next round of stock and bond propping.</p> <p>And so Japan is now front and center on that stage again. Especially since Bernanke just traveled there to conclude a &quot;secret&quot; meeting with Prime Minister Abe and Bank of Japan head&nbsp;Kuroda.</p> <p><a href="http://www.peakprosperity.com/insider/99640/strange-happenings-japan" target="_blank">read more</a></p> http://www.peakprosperity.com/insider/99640/strange-happenings-japan#comments Insider Bank of Japan Insider Japan Kuroda Nippon Kaigi shinzo abe http://www.peakprosperity.com/crss/node/99640 Tue, 12 Jul 2016 00:22:24 +0000 cmartenson 99640 at http://www.peakprosperity.com Investing For Crisis http://www.peakprosperity.com/insider/99517/investing-crisis ]]><h1><strong>Executive Summary</strong></h1> <ul> <li style="line-height: 19.5px;">Which coming developments we can predict with certainty</li> <li style="line-height: 19.5px;">Why the next crisis won&#39;t be like 2008</li> <li style="line-height: 19.5px;">Why what worked post-2008 won&#39;t work this time</li> <li style="line-height: 19.5px;">Where stocks and gold are headed</li> <li style="line-height: 19.5px;">Where to find safe haven for your investment capital</li> </ul> <blockquote><p><em>If you have not yet read <a href="http://www.peakprosperity.com/blog/99516/great-market-tide-has-now-shifted-risk-assets" target="_blank">The Great Market Tide Has Now Shifted To Risk-Off Assets</a>, available free to all readers, please <a href="http://www.peakprosperity.com/blog/99516/great-market-tide-has-now-shifted-risk-assets" target="_blank"><strong>click here</strong></a> to read it first.</em></p> </blockquote> <p>In <a href="http://www.peakprosperity.com/blog/99516/great-market-tide-has-now-shifted-risk-assets" target="_blank">Part 1</a>, we reviewed the market&rsquo;s risk-on, risk-off gyrations and laid out the case for long-term declines in confidence, political stability and profits.&nbsp; What does this new era of uncertainty mean for individual investors?</p> <h2>What&rsquo;s Predictable?</h2> <p>We can start by asking&mdash;is there anything we can predict with any certainty?</p> <p>I think we can very confidently predict that future central bank monetary policies will fail to generate sustainable growth or fix what&rsquo;s broken in the global financial system.</p> <p>I think we can predict that uncertainty will only increase with time rather than decrease. This rise of uncertainty will predictably lower the attractiveness of risk-on assets, other than as short-term speculative bets after some central banker issues yet another &ldquo;whatever it takes&rdquo; proclamation.</p> <p>It&rsquo;s also a pretty good bet that if central banks and states continue expanding credit/money that isn&rsquo;t matched by a corresponding expansion of goods and services, the purchasing power of those currencies will decline.</p> <p>We can very confidently predict that the authorities will continue to <em>do more of what has failed spectacularly</em> until they are removed from power or the system breaks down.</p> <p>We can predict with some confidence that issuing more debt will provide little productive results.</p> <p>I also think we can hazard a guess that the next financial crisis will be of a different sort than the 2008-09 Global Financial Meltdown.</p> <p>Just as generals prepare to fight the last war, with predictably dismal results (unless the exact same war is replayed, which rarely seems to happen), central bankers are fully prepared to stave off a crisis like the one in 2008: a financial crisis that emerges from leveraged bets going bad in money-center investment banks.</p> <p>My basic presumption is...</p> <p><a href="http://www.peakprosperity.com/insider/99517/investing-crisis" target="_blank">read more</a></p> http://www.peakprosperity.com/insider/99517/investing-crisis#comments Insider bonds central banks Charles Hugh Smith debt dollar economy energy Federal Reserve gold Markets precious metals stock market stocks http://www.peakprosperity.com/crss/node/99517 Fri, 08 Jul 2016 19:03:27 +0000 charleshughsmith 99517 at http://www.peakprosperity.com