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How To Thrive? An Interview With James Howard Kunstler Be compelled to make yourself useful to others Modern Monetary Theory is an adventure in complete unreality James Howard Kunstler is the author of The Long Emergency, Too Much Magic, The Geography of Nowhere, the World Made By Hand novels, and more than a dozen other […]
[Reuters] Global stocks gain on China trade data, easing pandemic worries [Reuters] Oil slips as producer cuts fail to banish demand fears [Reuters] U.S. deficit to soar to record $3.8 trillion in 2020, budget watchdog group says [Reuters] Trump says plan to re-open shuttered U.S. economy to be completed soon [Reuters] New York, California and […]
[AP] Shares fall, oil loses earlier gains following OPEC deal [Reuters] Oil prices broadly shrug off output cut as demand worries weigh [CNBC] Coronavirus live updates: China’s new cases rise above 100, Singapore reports 233 new cases [Reuters] China’s new coronavirus cases near 6-week high, Russian border new battleground [Reuters] ‘Elbow to elbow:’ North America […]
[Reuters] OPEC, allies to confer on Sunday to try to end standoff over cuts plan: sources [Reuters] British PM Johnson discharged from hospital after coronavirus treatment [CNBC] Coronavirus live updates: Fauci expresses ‘cautious optimism’ US outbreak is slowing, UK PM Johnson discharged [Reuters] New coronavirus cases double to 99 in mainland China as imported infections […]
[Reuters] UK PM making very good progress in COVID-19 recovery, office says [Reuters] Congressional Republicans demand quick action on new coronavirus business relief [CNBC] Coronavirus live updates: Italy to set up ‘immunity passports,’ outbreak swamps NYC 911 system [AP] China auto sales sink 48.4% in March as virus hurts demand [Reuters] India to extend nationwide […]
Sitting at the dinner table, our eleven-year old son inquired: “If a big meteor was about to hit the earth, how much money would the Fed print?” I complimented his sense of humor. Yet it was a sad testament to the historic monetary fiasco that will haunt his generation. Federal Reserve Assets surpassed $6.0 TN […]
[AP] Asian shares steady after Wall St caps best week since 1974 [Reuters] Dollar heads for weekly loss on Fed move, easing virus fears [Reuters] U.S. consumer prices decline in March [Reuters] UK PM Johnson in ‘very good spirits’ after leaving intensive care: spokesman [Reuters] China factory gate deflation deepens in March as coronavirus jolts […]
Here’s the news of the week – and how we see it here at McAlvany Wealth Management: The FOMO Market Some of you are reading the title of this week’s Hard Asset Insights and wondering, “What in the world is “FOMO?” FOMO stands for the fear of missing out, and is often used to describe […]
