Updated: October 20, 2020
My indicators are pointing to one thing right now: higher stock prices, with new all-time highs next year. So this is a great time to lock in some fresh 8%+ payouts—before their prices race away from us!
But wait a minute. The economy stinks and our political process seems more dysfunctional than ever. So why would stocks climb from here?
Money Printer Goes Brrrrr…
The answer lies with Fed Chair Jay Powell’s printing press monetary policy. Since March, he’s been flooding the economy with liquidity. Other central banks around the world have been generous, too.
Powell Goes All In
We both know that printing buckets of money is a recipe for higher inflation.… Read more