Mon, 5 March 2018
According to Jordan, bond yields are the key. Gold has been going up with long term bond yields. As they've gone up, so has gold. Just like gold, long term bond yields are set to break out. All the requirements for a major metals advance are in place. It just requires a little time and a catalytic event. Maybe it's a major increase in inflation, higher bond yields or any other number of factors. Then the move we've all been waiting for will take place. |
Mon, 5 March 2018
Are trade wars coming? Last week Trump announced tariffs on Steel and Aluminum which promptly sent the markets reeling. Today, he announced that the tariffs would remain in place until NAFTA is renegotiated. Can you spell Art of the Deal? Is it part of China's attempt at world domination? Next, the Italian elections resulted in upheaval. The anti-immigration party got more votes than the incumbent party. If they're able to create a government, it could mean Italy's Brexit. |
Mon, 5 March 2018
As with all laws, the new Tax Bill has unanticipated results, especially if you're a Baby Boomer. Some of the money will go back to productive assets and investment. Boards will be under pressure to put cash to work to achieve a higher rate of return. Baby boomers who are retiring at the rate of 10k per day will be positively affected, if they're invested in equities. The equities bull market will be prolonged. Since many Boomers will be living well into their 90's, traditional investment planning has to change. That could very well mean taking more risks to achieve a higher return. But it will come at a cost. |
