Peter Schiff: The Fed Set The Fiercest Wildfire

Wildfires are raging out of control in western states doing millions of dollars in damage and disrupting countless lives. In a recent podcast, Peter Schiff said the Federal Reserve has set an even fiercer wildfire – inflation. And we are in danger of it burning out of control through the entire US economy. Stock markets…

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A Staggering 84% Of All S&P500 Assets Are Now Intangible

Last week, we brought you some of the latest musing from Bank of America’s Jared Woodard, who in the latest Research Investment Committee report discussed the reason why value investing is dead… … attributing it to a recent transformation in the market where it is “all one trade” now: However, besides the merely reflexive, where central bank…

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The Worst Economic Crisis Anyone Has Ever Seen

We have been watching, with disbelief and bemusement, how the “recovery-narrative” has been touted in the financial media and among some economists and analysts. Categorically, an economic recovery is a period of expansion, where we eventually exceed the previous peak in employment and output. There’s no such thing coming (anytime soon). It is very human…

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