Category: Blog

Today’s economic story is a tale of two cities: ▲There are fortunate folks who have remained gainfully employed and been able to manage okay during this COVID-19 meltdown. Many of these workers are stock market participants and, after the worst kind of market volatility and violent selloff, have seen their investment portfolios resurrected by the

Short version click here. Longer version, keep reading. “This period, like the 1930s through 1945, is a time frame which I think you’d be pretty crazy to own bonds.” —Ray Dalio, CEO of Bridgewater Rule #1 to Investing — Do Not Lose Money Bridgewater Associates is the largest hedge fund in the world and is

Wages & salaries fell by $296 billion in March, the worst in a generation, and spending sunk $1.1 trillion, whew! What happened to $823 billion the difference? It went into personal savings, which rose to 13.1% of disposable income, a 40-year high.robo.1db.com/PI0430invest.1db.com/Belushi#finance#money#savings#equality#personalsavings

It was evident from the very beginning on April 20 that the oil market was headed for trouble. Frantic sell orders had been pouring in overnight and any traders who connected to the Nymex platform that morning could see a bloodbath was coming. By 7 a.m. in New York, the price on a key futures

By CunninghamIn the late 1980’s, as the real estate market in the Southwestern part of the United Statescollapsed, I was wiped out, as were many of my friends and business associates. We wereexperiencing the inevitable catastrophic aftermath of one of the greatest real estate booms inthe history of mankind.We had made scores of millions in