Since the December FOMC meeting, when the Fed decided to once again embark on small asset purchases, otherwise known as QE, liquidity has improved. Mostly through the level of reserves in the banking system being boosted by the asset purchases. As previously mentioned, these actions will not prevent employment growth from declining. As the market is forward looking, gold and silver prices have soared in response to this policy change from the Fed. Consequently, at the January

In our previous market update we discussed the need for the Fed to restart quantitative easing, and at the December FOMC meeting they did just that. Although the asset purchases are small, this change in monetary policy will boost the total monetary base, reserves, and liquidity, but it will not prevent employment growth from declining, which may force the small asset purchases (QE), to become larger as employment weakens. Investors should keep in mind that QE began in 2008,

In the previous market update we discussed the current low level of bank reserves or liquidity in the financial system, which has so far forced the Federal Reserve to end quantitative tightening and consider re-starting quantitative easing. The U.S. financial system is currently experiencing a liquidity crisis. Asset prices are likely to face downward pressure until interest rates are cut, and quantitative easing is re-started to increase bank reserves/liquidity in the financ

There was no market update published for September, but we have a lot to cover through October. Buckle up, here we go.   There is a growing concern that America is becoming a centrally planned economy and financial market. Though we are not there yet, the signs are there and worth investigating.   Corporate profits have been following the total monetary base lower for the past six months. Without an increase in the monetary base, corporate profits will continue to decline. Th

The American economy is approaching an uncomfortable environment. While the government continues to spend 6.4% deficit/GDP allocated to...

Tomorrow, August 1 st , 2025, the tariffs go back on. Now that the OBBB is law and the Trump administrations agenda is funded, deficit...

The year is halfway through, government spending has accelerated, the deficit is growing, purchasing power is declining, stocks are up,...

Due to technical difficulties experienced last week which resulted in this update being a week late, this update covers the month of May...

It’s been nearly one month since the Trump administration's announcement of global tariffs and Liberation Day. Given wall street and the...

The first quarter of 2025 is complete. The S&P 500 ended Q1 down -4.73%, the 10yr interest rate down -36 basis points, and gold prices...

America is about fostering freedom, facing challenges, working hard, and maintaining discipline. For the first time since the 1980’s, it...

2025, a year of common sense, new leadership, and fresh ideas. The inauguration of the Trump administration fuels excitement for the...

A new year and new leadership. 2025 is projected to be a year of common sense. The Fed began cutting interest rates to help the economy...

We want to wish everyone a Happy Thanksgiving. We look forward to navigating the changes coming to economic policy in 2025.   Under the...

It’s Halloween, the Presidential Election is just a handful of days away, promises have been made and the markets expectations and...

We thought August was wild. September was even wilder. While many economists and financial analysts proclaim the U.S. economy is in great...

What a wild month August has been. Starting the month off with the S&P500 declining (-7.55%) in a matter of three days, from 5537 down to...

In our June market update, we discussed the stock market’s fundamental valuation and analyzed the historical sustainability of investment...

At the close of the second quarter of 2024, we feel it’s a good time for investors to check in on the stock market’s fundamental...

The U.S. economy runs on housing and credit. In last month’s market update we explained that market participants are currently not...