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Tag: economic predictions

Predictions of US Dollar’s Demise Did Not Come True

At the height of the pandemic recession, a June 22, 2020, headline in The Capitalist.com caught my eye: “Dollar Will Plunge 35%, Lose Status As World Reserve Currency.” The article opened with, “The US dollar is on the verge of a 35% collapse. It could also lose its...

Are We In a Recession? Look to Trustworthy Data for the Answer

When it comes to the economy, the idea of “fake news” is nothing new. We’ve often had a segment of the population believing the US government is intentionally lying. In the early 2000’s, economist Paul Krugman used the term “inflation truthers” to describe...

What Not To Do In a Long Bull Market

Watch this video on YouTube March 9, 2017, was the eighth birthday of the bull market in the US S&P 500. In its lifetime it gained 314.4%, an average annual return of 19.4%. This raises a question as to how much longer it will last. An article posted on...

Investing for Ups and Downs in the Economy

Watch this video on YouTube “What do you think the future holds for the economy and stock market?” When someone asks me this, my usual answer is, “I have no clue.” My expertise is in personal financial planning and investing, not economics. Few...

Consider Source of Dire Economic Predictions

Watch this video on YouTube “Sell Everything!” That’s the advice to investors from RBS, a large investment bank based in Scotland, which issued the dire recommendation to its customers on January 8. The warning urged investors to sell everything except...