Thanks to the multi-trillion dollar help from our buddies at the Fed, interest rates are reaching depths no one would dare imagine even a couple of years ago. 30-year fixed mortgages that start with the number 2? Incredible! Care to divine the trend of interest rates?(more…)
Bear though I may be, there are two assets whose ascent I will always cheer: bonds and gold. Today, I’m pleased to report both of them are ripping.
Bonds have actually been steadily stomping higher for months, but it’s been so quiet and subtle, no one has really notice. Today, however, is particularly important, since we’ve completed a powerful basing pattern.(more…)
Before he came Lex Luthor, there was a time when Jeff Bezos was a funny, energetic entrepreneur who burst upon the scene the mid-1990s as the Next Big Thing. Here is a surprisingly interesting interview with him from nearly a quarter century ago. Well worth a watch…….particularly since some of the astonishment the interview expresses seems absolutely quaint today:
OK, OK, I’m not exactly hip. Some might even say old. But I’m sure I’m not the only one who had never heard of Tik Tok until a few weeks ago. Here’s a eye-opening look at just how much time teenagers are
wasting spending on various platforms, including the one Microsoft is trying to buy: