by Lance Roberts | May 5, 2023 | alerts, Markets/Economy, Real Investment Advice
How does the minimum wage affect the Fed’s biggest fear? I touched on this subject previously as the Fed began its rate-hiking campaign. However, while the issue of the “millions of people” who aren’t paid a “living wage” for work makes headlines, the actual numbers...
by Lance Roberts | May 2, 2023 | alerts, Markets/Economy, Real Investment Advice
Taking risks is no longer necessary to make a return on your savings. Not long ago, “cash is trash” was a common theme as savings accounts yielded zero. Of course, such was the intent of the Federal Reserve following the “financial crisis” in the hope that inflating...
by Lance Roberts | Apr 28, 2023 | alerts, Markets/Economy, Real Investment Advice
Conviction (kan-vik-shan): noun, a strong persuasion or belief; the state of being convinced. In life, there are things that we should be convicted and committed to. For example, the love for our families, spouses, and religious beliefs. We can also be convicted about...
by Lance Roberts | Apr 14, 2023 | alerts, Markets/Economy, Real Investment Advice
Recession odds have climbed considerably since Jerome Powell’s testimony before Congress and the latest FOMC meeting. However, the recent failures of Silicon Valley Bank (SVB) and Credit Suisse (CS), as higher rates impact regional bank liquidity, also added to the...
by Lance Roberts | Apr 11, 2023 | alerts, Markets/Economy, Real Investment Advice
Despite media headlines, podcasts, and broadcasts suggesting “doom and gloom” lurks around the corner, investor bullishness has increased markedly since the October lows. This isn’t the first time we have discussed investor sentiment, which is often wrong at the...