Tag Archives: Dollar

• Parks chief warns of 'massive cuts, huge layoffs' as soon as 2020 (Chicago)
• No more excuses. Fix Pa. pension funds | Editorial
• Who’s Going to Pay for LA’s Unsustainable Pension Plans?
• ECB Official Warns QE Exit Could Spell Trouble for Italy's Debt
• U.S. recession chances edge up, risk Fed delivers fewer hikes: Reuters poll
• BOJ's Kuroda rules out early end of negative rate policy (Japan)
• Unthinkable?
• Bitcoin-Rigging Criminal Probe Focused on Tie to Tether
• NY BitLicense Approval, Blockchain for Energy Commodities, CFTC Enforcement, Advertising Use Cases and More

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• Scientists Warn the UN of Capitalism’s Imminent Demise
• A deadly storm is coming in Syria
• Report: Trump Admin Denying Passports to Citizens Along Border
• So Much for The Great California Bail Celebration
• Elections board takes less than a minute to reject proposal to close 7 of 9 polling places in majority-black county
• Skim reading is the new normal. The effect on society is profound
• Attention, Shoppers: Kroger Says It Is Phasing Out Plastic Bags
• U.S. court orders Trump administration to enforce chemical safety rule

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• Health insurance companies put in requests for rate hikes for 2019 (New York)
• Homeless services face cuts as Monterey County deals faces $36.5m gap
• A Template for Fixing America’s Public Pensions
• Pool of sub-zero euro debt yields shrinks further in May after Italy selloff
• Consumer Debt Outlook – May 2018 (Lendingtree)
• Argentina inflation rising, growth outlook lower -analysts
• ECB cut back buying of Italian bonds in May, drawing Rome’s ire
• How legalized pot is affecting employee drug tests
• More than half of US housing markets were overvalued in April
• Miles Franklin: Is Japan Going To Walk Away From The U.S. Debt Auction Too?
• German Healthcare Deficit 300% Greater than Expected Due to Refugees
• California Water Law Could Prevent Showering, Doing Laundry on Same Day

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• 1 in 5 Americans have more credit-card debt than savings
• Silver: 2018 and Beyond
• Four Ex-Deutsche Bank Traders Evade U.K. Euribor Case
• Me, rich? Here’s what Palo Altans think about themselves
• Venezuela's New Cryptocurrency: Just Another Form of Control Fraud
• What's Actually Behind Cape Town's Water Crisis
• California’s Recurring Nightmare: Nearly Half the State is Back in Drought
• If Climage Change Wrecks Your City, Can It Sue Exxon?

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Permanent impairment of capital is the cardinal sin of investing.

Well, today's markets present a clear and present danger of coming capital impairment for those who don't take prudent action in advance of a market downturn. Don't be guilty of inaction.

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Have you moved a material percentage of your financial portfolio to cash? Have you become so concerned about the meteoric ramp upwards in asset prices that you find it wiser instead to move to the sidelines, build "dry powder", and wait to re-enter the markets at saner valuations?

If so, you have my sympathies.

The past 5+ years have been brutal for savers pursuing this strategy. I know this well, as I'm one of those folks, too.

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The Federal Reserve is destroying America. 

It might have good intentions, but it's working with bad models. Ones that lead to truly horrible outcomes.

One of the chief failings of central banks is that they are slaves to an impossible idea; the notion that humans are free to pursue perpetual exponential economic growth on a finite planet. 

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