by Litefoot Technology | Aug 28, 2023 | Perspectives
Speculators who treat the stock market as a casino love concepts. They are new, unburdened by history, can be projected far into the future, and thus can justify almost any stock price. For those who foist stock ideas on an unsuspecting public, it is a rich vein to...
by Litefoot Technology | Aug 28, 2023 | Perspectives
Sometime in the next 15-45 days, the United States government is going to run out of credit. This is the result of a law, passed in 1917, that placed a limit on what the country can borrow as described by law. The United States is the only developed country in the...
by Litefoot Technology | Aug 28, 2023 | Perspectives
Many index investors, after the drubbing taken in 2022, have looked at their statements for the first quarter of 2023 with some relief. The Standard and Poor’s 500 Index is up seven percent this quarter. However, the average stock is up less than one percent. This...
by wpadmin | Aug 28, 2023 | Perspectives
The closing of three financial institutions in the past week has sent a sense of crisis through the financial world. Deposits are insured at FDIC institutions up to $250,000. Some accounts are many times this number. Venture capitalists (VCs) typically deposit in the...
by wpadmin | Aug 28, 2023 | Perspectives
It should be obvious by now to everyone that increasing interest rates to slow the economy is not resulting in lower inflation. It is obvious to the Federal Reserve, who nevertheless continues to increase rates to kill the patient to make the procedure successful. The...
by wpadmin | Aug 28, 2023 | Perspectives
As of last Thursday, the United States Government reached the limit of its authority to borrow. While some evasive actions are being initiated by the Treasury Department to keep the government open and pay its obligations, these steps are expected to be exhausted...
