Tag Archives: Stock Market

“A bully is always a coward.”

~ Thomas Chandler Haliburton

The current market rally is like a playground bully; shoving to the ground anyone in its path.

But like all bullies, the braggadocio belies an underlying cowardice.

Those in charge of the status quo must be absolutely terrified to resort to the unnatural lengths they are going to right now to keep the current rally intact.

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Stocks provide a return to today’s investors via two mechanisms: dividends and capital gains.

Dividends provide and income stream which can be quantiatively values. Capital gains result from speculation — an expectation that future dividends will be higher than the market currently expects.

But what’s the value of a company that continuously pays no dividends and does not appear as if it ever will in the foreseeable future?

Former financier and current statistician Tan Liu, author of the recent book The Ponzi Factor: The Simple Truth About Investment Profits explains how many of today’s perpetually dividend-less companies traded on the public market are operating as ponzi schemes by definition.

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Now that it is 2019, we’re going to start the new year here at Peak Prosperity by responding to our community and making our most recent report for our premium subscribers free to everyone.

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A nice infographic to review and study on the various steps and basic materials to have on hand to be preparred for a natural disaster or emergency.

https://aerindustries.com/blog/2017/10/30/how-to-prepare-for-natural-disasters/

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• More California cops and firefighters are paying for their pensions. Is it too late?
• Reports: Growing number of $100,000-plus public pensions in Illinois cost taxpayers
• India considers IL&FS sale among options to end debt crunch
• Italy's debt costs rise further at auction
• Australians face $700b wealth wipe-out as debt levels rated riskiest in the world: Morgan Stanley
• Treasury Sees 2018 Borrowing Needs Surging to $1.34 Trillion
• UK budget doesn't alter view of high public debt: Moody's
• Whopping 62 percent of jobs don't support middle-class life after accounting for cost of living
• Debt Alarm Ringing
• Treasury Sees 2018 Borrowing Needs Surging to $1.34 Trillion

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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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• You Can Never Change Your Life Through Willpower. Here’s What Actually Works.
• Supreme Court won't hear Trump bid to end DACA program
• U.S. Supreme Court Justices Clash Over Mandatory Union Fees
• The gun debate in Congress: From concealed-carry to the assault weapons ban
• We May Soon Be Living In Alexa's World
• An influential group of doctors says all teens should get screened for depression — here are some of the questions they ask
• How much money do people need to be happy?
• Venezuelan Oil Production Could Further Collapse On New U.S. Sanctions

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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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The world is edging closer to the final moments after which everything will be forever changed.

Grand delusions, perpetuated over decades, will finally hit the limits of reality and collapse in on themselves.

We’re over-budget and have eaten deeply into the principal balances of all of our main trust accounts. We are ecologically overdrawn, financially insolvent, monetarily out past the Twilight Zone, consuming fossil fuels (as in literally eating them), and adding 80,000,000 net souls to the planet’s surface — each year! — without regard to the consequences.

Someday there will be hell to pay financially, economically, and ecologically as there simply isn’t any way to maintain these overdrafts forever. Reality does not renegotiate. Its deal terms aren't compromisable.

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"The rates we’ve had in recent years, including right now, are the lowest in history. The book that I co-authored on the history of interest rates traces back to the code of Hammurabi, Babylonian civilization, Greek and Roman civilization, the Middle Ages, the Renaissance, and early modern history right up to the present. And I can assure our listeners that the rates that they’re experiencing right now are the lowest in human history."

So says Richard Sylla, Professor Emeritus of Economics and the Former Henry Kaufman Professor of the History of Financial Institutions and Markets at New York University's Stern School of Business. He is also co-author of the book A History Of Interest Rates. 

We invited Professor Sylla onto the podcast after hearing his work favorably referenced by the panel convened at the recent hearing held by the US Congress titled: “The Federal Reserve’s Impact on Main Street, Retirees and Savings.”

Based on his deep study across the scope of millennia of human history, Sylla warns we are at a dangerous moment in time.

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