Wealth Whisperer Team
Is Illegal Immigration the Reason Why Inflation is High?
The end of Title 42 isn’t the punctuation point everyone thinks it is. It’s more like a comma in the decades-long failed immigration policy that’s been kicked from one administration to the next. Open-border activists constantly talk about the economic benefits provided by the illegal immigrant population. These same individuals claim we can solve inflation […]
Forget About Interest Rate Cuts, 20% Interest Rates Are Coming
March 1980. Queen’s fabulous song “Crazy Little Thing Called Love” topped the billboards… Dallas and The Dukes of Hazzard took the top Nielsen television spots… Jimmy Carter was about to get booted out of the White House… …and the federal funds rate hit 17.19%. Once Fed Chairman Paul Volker beat inflation into submission, the United […]
The Math Behind a 45% Market Correction
This week, the three-month U.S. Treasury yield hit an unexpected high of 5.2%, a level not seen since “Big Willy” left the oval office, all but guaranteeing a recession. These rich debt yields barely keep up with inflation running over 5%. We know this is unwelcome news. Like most Americans, the majority of your retirement […]
Make Silicon Valley Vultures Pay
Options were always popular amongst traders. But they were largely ignored by the broader public… …that is until the COVID-19 market crash. Stuck at home with nothing to do and having pockets flush with government cash, retail traders jumped into options, sending volume soaring. To give you an idea, we compiled the average daily options […]
31.5 Trillion Reasons Why Default Is Inevitable
Anyone with half a brain knows debt is both a financial and moral obligation. Yet, Washington stacks onto the debt snowball as it rolls downhill. That snowball will eventually obliterate anything in its path. Unfortunately, we’ve crossed the Rubicon to a place where a default is inevitable. Our national debt has grown at an exponential, […]
We LOVE Market Crashes
We knew things were bad with some of the banks…but First Republic Bank took it to a whole new level. The battered regional bank SHOCKED markets when it said 40% of its deposits fled, fearing the company wasn’t on stable financial ground. Despite falling more than 86% this year, shares tumbled almost 50%, pricing the […]