by westlakeFi | Aug 8, 2019 | Article, News, Politics, Stock Market
I was speaking with a good friend who is in the commercial real estate business about President Trump’s surprise move to impose 10 percent tariffs on $300 billion in Chinese goods. He said, “I don’t care one bit about China, they have been getting away with murder for...
by westlakeFi | Jul 30, 2019 | Article, News
“And these are desperate times… Markets are corrupted by monetary central planning. They’re confused. And the road back is going to be treacherous. We’re looking at a major re-pricing for all financial assets. And thousand-point intraday or day-to-day swings are part...
by westlakeFi | Jul 30, 2019 | Article, Stock Market
Global bond markets are behaving as if major trouble lies ahead of the U.S. global economies. Global stock markets are behaving as if the economic skies will remain forever blue. The U.S. equity markets are repeatedly hitting new record levels and are trading at...
by westlakeFi | Jul 24, 2019 | Article, News, Stock Market
Let me start with some good news about the Great Depression. On a per-capita basis, more Americans became millionaires from 1929-32 than any other time in history, opined Rodney Johnson, Senior Editor, Dent Research. By itself, the statement is fascinating. It’s also...
by westlakeFi | Jul 18, 2019 | Article, News, Politics
These days it appears the U.S. is looking to stoke Forever War fervor. “We’re doing it at what’s looking more and more like a critical turning point for the economy. We’ve already discussed how long and how weak this ‘recovery’ from the Great Recession is,” wrote...
by westlakeFi | Jul 2, 2019 | Article, News, Politics, Uncategorized
As we learned with the 1930 Smoot-Hawley Act, tariffs can backfire on the country that believes it’s a relatively painless way to affect change. By applying 40% tariffs on 20,000 incoming goods to the U.S. to protect our farmers, it may be the singular event that...
