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Affluent Investor | May 30, 2016

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May 30, 2016 |

The Economy, Fed, and You

Dear Valued Clients and Friends,

At press time, here we are up 330 points on the week in the Dow, and maybe, just maybe, we will see markets end the month of May next Tuesday slightly positive for the month. We … Read More

May 27, 2016 |

Supply Side, Demand Side, or Innovation Side?

NEW YORK – It has become impossible to deny the so-called secular stagnation gripping the world’s most developed economies: Wealth is piling up, but real wages are barely rising and labor force participation has been on a … Read More

May 27, 2016 |

Can Saudi Arabia Survive?

Saudi Arabia is in a more precarious economic and political situation than it has been in decades.

The bi-partisan push in the House to release classified pages of the 9/11 Commission Report has been resisted by the Obama administration, and … Read More

May 27, 2016 |

The Inflation/Deflation Battle Under Way (Part 1)

There is an incredible debate among prognosticators today regarding the future of our economy and whether we are headed toward inflation or deflation. On one side, we have those who believe that massive money printing foretells serious inflation as happened … Read More

May 27, 2016 |

Putting God’s Word Into Action Will Bless Your Life

I have four boys. Two of them are grown and out of the house now. Years ago, when one of my sons was 16, he took it upon himself to not only read the Proverbs but to take it a … Read More

May 27, 2016 |

This GIF Shows Where the U.S. Imports Oil From in the Past 15 Years

Why is Canada getting so fat, and how come Saudi Arabia is shrinking? It’s oil, baby. Not baby oil, mind you, but good old petroleum: this is a time lapse map of U.S. foreign oil imports – … Read More

May 26, 2016 |

Trump the Celebrity, Dealer or Pragmatist? Depends on Your Economic Worldview!

Is Trump the candidate changing the nature of American politics? If elected, will Trump the President change the way the business of politics is done? Is he an outsider or part of the usual crowd of American high society? Your … Read More

May 26, 2016 |

The Fed Comes Right Back into Your Life

Dear Valued Clients and Friends,

As quickly as the central banks of the world said, “You better buy risk assets because we are going to coddle markets until the cows come home,” last week our own Federal Reserve’s commitment to … Read More

May 26, 2016 |

Conjuring the Ghost of Richelieu

“The Pont d’Alma,” I told the taxi driver, and climbed into the back of the Citroen, balancing the big copper spittoon on one knee and the magnum of Chateau Petrus on the other.

“You are to meet someone, monsieur?,” inquired … Read More

May 26, 2016 |

Do You Work for Money?

Just a few weeks ago I was in Africa working with one our partners in Zimbabwe. It gives me tremendous joy to serve God’s people who have the least in terms of worldly possessions. Because they are so rich in … Read More

May 26, 2016 |

US Gross Output Points to Mild US Recession

ICYMI, the US government Bureau of Economic Analysis began producing a new statistic on the economy.  It’s called “Gross Output” or GO.

From the BEA:

Gross output by industry and gross domestic product (GDP) by industry are both highly useful … Read More

May 26, 2016 |

Alibaba, Counterfeits, and China’s Shortcut Corporate Culture

For a long time, China has had the dubious honor of being famous for its ability to produce “knock-off” branded goods for sale. Many Chinese businesses also have been caught for their shady accounting practices and tricks that many businesses … Read More

May 25, 2016 |

A Letter to Mrs. Clinton on the Housing Bubble Her Husband Helped Blow

Dear Mrs. Clinton –

Your husband pursued an aggressive recalibration of goals and social objectives in housing policy with his Department of Housing and Urban Development, and personally said:

“Our home ownership strategy will not cost the taxpayers one extra … Read More

May 25, 2016 |

Are You Generous, Really Generous?

The Bible speaks of giving as an essential part of the Christian life. Nowhere in Scripture is it considered an option only for the wealthy or the super-spiritual. Generous giving is to be a part of a believer’s way … Read More

May 25, 2016 |

Central Bank Inflation Targets: Be Careful What You Wish For

Did you ever ask yourself what this central bank obsession with inflation is really all about? After all, it is highly ironic that these erstwhile stewards of price stability have now perversely morphed into the frantic pursuit of currency destruction. … Read More

May 25, 2016 |

Why the Lottery is a Regressive Tax on the Nation’s Poorest

Every year, Americans spend a mind-blowing $70.1 billion on the lottery. That works out to an average of $630 per household, representing more money spent on gambling than on books, sports tickets, recorded music sales, video games, and the … Read More