@morganhousel High-value financial advice: Spend Less. Save More. Wait Longer. Lower Expectations. Keep It Simple! Stay Tuned, Disciplined & Patient! {TJM} The Investor & Character Equation (ICE) | S + R = O IMPORTANT DISCLOSURE INFORMATION Please remember that past performance may not be indicative of future results. Different types of investments involve varying degrees
How China Took Over While America’s Elite Slept is a new book by Robert Spalding, Brigadier General. I have highlighted a few of the salient, concerning points regarding our relationship with China. “Having served as Chief China Strategist for the Chairman of the Joint Chiefs of Staff and as a Senior US Defense official, I
The Fed announced last week that it will begin to buy Treasury bills today an initial pace of $60 billion a month and continue those purchases into the second quarter of 2020, marking a pivot for the central bank. “In light of recent and expected increases in the Federal Reserve’s non-reserve liabilities, the Federal Reserve
As you can see in my Chart of the Day, the average credit card interest rate is 17.39%. This is the highest level in decades. I have mentioned this trend before but at the very least maybe these card holders should look to refinance or take a line of credit which would lower their rates
The “Trade Deal” summed up in one sentence from 1688: “The expectation of an event creates a much deeper impression on the exchange than the event itself.” – Jose de la Vega, 1688 So, how will the markets react after we get the “best trade deal ever” and have to deal with what is lurking