The Balance Between Debt and Rising Rates
Brad Williams, President of Brad Williams Financial Services joins me today to look at the rise in household debt and the continued rise in interest rates. We discuss how higher rates impact Brand’s clients investment decisions as well as their outlook on the markets.
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Off Topic:
Was Christopher Steele being paid BOTH by Hillary AND Oleg Derepaska (A Putin friend)
http://www.tabletmag.com/jewish-news-and-politics/255290/christopher-steele-putin-oleg-deripaska
If so, what more evidence do you need about Russian-Democrat COLLUSION?
(Not surprising the Democrats pushed for Mueller to investigate Trump, to side-track from the REAL COLLUSION.
The only certainty in Trump’s budget: Oceans of red ink
https://www.politico.com/story/2018/02/12/trump-budget-deficit-404588
You only needed to look at the photo Politico chose of Trump to recognize the left-wing bias the article would have.
I did not need to read the article, so I did not bother.
The budget deficit is going to be a real problem.
That is Trump’s Achilles heel. He has always had a problem controlling spending, in personal life, in public life; why should we expect this leopard now to suddenly change his spots.
Over-spending will be a problem.
It will collapse the purchasing powerof the US dollar.
The only way to borrow more and more is to raise interest rates, which will slow inflation as a side benefit, but as we all know the level of debt is barely sustainable.
https://www.youtube.com/watch?v=S7GoamSFFMU
and in the long run, probably not sustainable.
John Williams had some interesting comments on the Red INK…..list at usawatchdog…..if interested…
Follow up…..since most do not read other people info
John W…….
https://usawatchdog.com/fed-triggered-stock-sell-off-dollar-next-john-williams/
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On February 14, 2018 at 7:05 am,
OOTB Jerry says:
The problem is what happens to the budget deficit. We just went through the government shutdown and a package that lays things out for the next two years, but it widens the deficit. The deficit is beyond control. We have $100 trillion in unfunded liabilities. That means you need $100 trillion in hand right now to cover the federal obligations going forward. . . . Printing money to meet obligations is what happened in the Weimar Republic in Germany. This happened in Zimbabwe. This kind of
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Per TURK…….
f the CPI was worse than expected, the Fed would raise interest rates which would be bad news for gold and silver. If however, the government’s inflation report came in less than expected, it would be bad news for gold and silver because no one would need to buy the metal to protect one’s purchasing power from inflation.
So there you have it. Conventional wisdom had it that gold could not win. No matter what CPI was reported, gold and silver would get hit, and they did. But here’s the important message from this conventional wisdom.
When sentiment gets so bad that there is no reason to buy an asset with a 5000-year proven track record of protecting one’s wealth, you know the price of that asset is extremely undervalued and ready to move higher. When it comes to markets, conventional wisdom is usually wrong, and today was not an exception.
The Government IS THE PROBLEM, not the solution.
When government sucks too much money OUR of the economy, the economy does NOT grow at full potential.
When government pumps money into an economy, the economy still does not grow at full potential, because of government inefficiencies and wastage, AND CORRUPTION siphoning off its percentage.
My sight is almost non-esistent today….
OUR should be OUT above
non-existent.
As for the People, so for the government.
All will drown. TGhe only difference is that the government has a printing press and will print the dollar. This will mean dollar value dropping, stock market appearing to rise and inflation appearing to rise (as measured in dollars).