The end of the year is a financial opportunity—an opportunity to take advantage of remaining tax breaks and keep Uncle Sam’s hand from going deeper into your pocket than it has to, and an opportunity to clean up your portfolio and make sure your financial house is in order. Here is a year-end financial checklist. Tax Loss Harvesting What [...]
Alhambra CEO Joe Calhoun talks about Omicron and market movement, the big picture of economic recovery, and the U.S. Dollar uptrend.
Here we go again. Or maybe, more accurately, here we go still. COVID has reared its ugly head again, this time in the form of a new variant called Omicron. The name surprised some folks because the next letter in the Greek alphabet was Nu, but the WHO thought that sounded too much like "new" so they skipped that one, [...]
160.0 Interviewing Russell Napier: What the Asian Financial Crisis Wrought———Ep 160.0 Summary———Author, reformed lawyer, economic historian and your man from Belfast, Russell Napier, explains why the 1995-98 Asian Financial Crisis set the stage for the Age of Debt (1999-2020) and the coming Era of Financial Repression (2021-??).———RUSSELL NAPIER BIOGRAPHY———Russell is chairman of the Mid Wynd International Investment Trust a closed [...]
When Japan’s Ministry of Trade, Economy, and Industry (METI) reported earlier in November that Japanese Industrial Production (IP) had plunged again during the month of September 2021, it was so easy to just dismiss the decline as a product of delta COVID. According to these figures, industrial output fell an unsightly 5.4%...from August 2021, meaning month-over-month not year-over-year. Altogether, IP [...]
Where is the “tantrum?” If there is one, to this point it has been historically minor changes limited to the shorter end of the yield curve between the 2-year and 5-year USTs. This section of it is more influenced by what the market believes Jay Powell’s Fed will do especially now that it likely will be Jay Powell’s Fed for [...]
I do long for the day when no one cares even a tiny bit about something like this. Sadly, that day remains our very distant future because nothing has changed. This, rather than anything useful, is what everyone means when they use the word “stability” to describe these situations.For months, there had been rumors Jay Powell would be one-and-done like [...]
Healthcare during the senior years, especially the topic of long-term care, has been talked about and analyzed ad nauseam. And from all the research, one thing is clear. If you need long-term care, it will be expensive in both dollars and emotions. Here are a few of the most recent statistics about long-term care in America: 70% of people [...]
Alhambra CEO Joe Calhoun discusses the hazards of financial news, over-speculation in the market, the prudent person investment rule & reports on retail sales, industrial production, and the housing market index.
Look around the poker table. If you can't see the sucker, you're it. Warren Buffett I actually don't know if Warren Buffett was the first to say that and I'm not sure that's exactly the right phrasing. When I sat down to write this I thought it was from Amarillo Slim, a professional gambler from Arkansas. Or maybe that other [...]
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