Mark Skousen
World Economic Issues Could Imperil Savings of U.S. Investors
The world seems to be closely intertwined these days. The economies around the globe meld together and can affect U.S. investors dramatically. The interconnectedness is one reason why I travel internationally to scout out new investment opportunities. I like to talk to people in other countries and to see first hand how economies around the […]
George W. Bush, The Comeback Kid
Yesterday, I went to the New York Historical Society in downtown New York, where Amity Shlaes organized the “The 4% Growth Project” via the George W. Bush Center. It was quite the star-studded show. I met President Bush again, plus Karl Rove; Steve Forbes and Rich Karlgaard from Forbes magazine; Rupert Murdoch (!), John Stossel […]
Fed is Right Not to Launch Quantitative Easing Part III
The markets reacted the wrong way yesterday by pulling back when the minutes from the last Federal Reserve meeting were released this week. The minutes indicated that the Fed was not planning on launching a third round of quantitative easing (QE3). In my view, the Fed has overindulged with quantitative easing in the past and […]
Easy-Money Policies and Massive Federal Deficits Complicate Investing
After dipping last week, stocks are back up after Fed Chairman Ben Bernanke announced that the Fed would continue its easy-money policies this year. I’ve already noted how the money supply (M2) is growing rapidly, all apparently in an effort to re-elect President Obama and to help Bernanke keep his job. As a result, the […]
Alert! Rates Rise Sharply Here’s What it Means…
Last week, something happened in the bond market — rates rose sharply across the board for the first time in years. For example, 10-year Treasuries jumped from 1.99% to 2.31%. Talk about March Madness! I think we are seeing the beginning of a major sea change: rising rates as the economy recovers and the Fed’s […]
My Private Meeting at Donald Trump’s Retreat
Last week, I spent some time one-on-one with Glenn Beck at a private meeting at Donald Trump’s Florida retreat, Mar de Lago. My friend Dan Mangru invited a group of friends to meet Beck and talk about his new non-profit organization, Mercury One. Glenn still is doing well with his nationwide radio program and his […]