Inflation is surging. How high will it go?

Inflation is surging. How high will it go?

Inflation has climbed to the highest level in more than a decade. The rising cost of living — a.k.a. inflation — has surged at its highest rate in more than a decade as the U.S. economy fully reopens. How high will it go? And how long will it last? These questions are unlikely to be…

Read More

Consumer prices jump 5%, fastest pace in 13 years

Consumer prices jump 5%, fastest pace in 13 years

U.S. consumer prices increased in May at the fastest annual rate in nearly 13 years as the economic comeback from COVID-19 lockdowns continues to build momentum. The Labor Department said Thursday that the consumer price index in May rose 5% year over year, hotter than the 4.7% increase that was anticipated. The reading was above last month’s 4.2% print.…

Read More

US Inflation Expectations Build in June Survey of Economists

US Inflation Expectations Build in June Survey of Economists

Economists’ inflation expectations keep rising as a variety of key metrics underscore building price pressures. Forecasters raised their estimates for the consumer price index and for a key inflation gauge favored by the Federal Reserve, known as the personal consumption expenditures price index, every quarter through the first half of next year, according to the…

Read More

Biden Tax Tidal Wave Will Be Retirement Nest-Egg Wipeout

It is said that the next ten years will see more dramatic innovation and change than the last 100 years combined. This is a very promising, exciting and realistic vision for our nation given the pace of technology innovation. But what happens to our economic future during that period as we consider multi-trillion dollar deficits…

Read More

Is It The Beginning Of The End For The Stock Market Greed?

Coronavirus is triggering big trouble in the U.S. stock market. If the coronavirus isn’t better contained in the days ahead, the stock market could continue to fall due to an increase in panic selling an already overextended stock market. Take a look at the chart below showing high rate of insider selling outpacing buying by…

Read More

Self-Directed IRA with Forex and FX Trading

A Self-Directed IRA can accept Forex and trade in the forex market. Diversify your assets with an IRA that accepts Forex, Commodities and Gold – Self-Directed IRAs. You will not be paying taxes on forex trading gains until retirement. Basically, you’re able to day-trade tax-free and avoid paying taxes on forex trading gains until retirement…

Read More