Do you like to barbeque? Next time you start the grill, wait till you have a decent flame and then throw on a load of gas. Bingo—explosion. You’d be lucky not to blow yourself to kingdom come. Well, at the economic grill, monetary chef Bernanke continues to douse the economic fires with high-powered monetary fuel. The monetary base is the foundation for growth in all the broad monetary aggregates, which used to result in powerful economic growth.
In the early '80s, base growth
began to have less influence on economic growth. Since the Obama team took over in Washington, base velocity has cratered, indicating
that the Fed's money printing is having even less
incremental effect on economic growth. The Fed is pushing on a string, if you will.
The fraud of the Fed, the expropriation of citizens, the debasement of the currency, and inflation—all of these are creating dry rot in the foundation of the U.S. economic system. Outcome analysis clearly shows that money printing is a destructive process, 100% guaranteed to lead to a bad end, and it's tied hand and glove to excessive military spending to fight wars. America's financial weather is black and threatening. You will want to add to your high barrier-to-entry stocks. Here I am referring to blue-chip, dividend-paying rails, consumer staples, telecoms, and utilities of every ilk. This month I especially recommend utilities, with their regulated monopoly status and guaranteed return on invested capital. Now that the sector has corrected, my favorite utilities fund is putting off a 3.85% yield. More >>
Each month, I provide you with an Economic Analysis supplement to the issue. This supplement provides you with a bird's eye view of the indicators that I monitor on a regular basis. The incisive, story-telling charts included in this supplement are updated every month and range from "The Leaders" to "World Currency Reserves/World Gold Reserves." There will always be great new material as well as timely reference dates, and my comments spell out the meaning of each chart for you. Download in pdf format.
June 14, 2013 During the collapse of 2008 and through the rebound of 2009 U.S. markets and foreign markets closely tracked one another. But toward the end of 2009, and more so ever since, the U.S. has diverged from world markets. Related Posts: Wall Street Begging for More Stimulus What We’re Reading 5-24-13 Is this Rally all about [...] More »
My portfolio has done quite well over the last three years, but I'm at a loss as to when to sell any of the stocks. Do you ever make sell recommendations for individual stocks, and if so where would I find this info?
It is not often that I make an outright sell recommendation in Intelligence Report. If I do make a sell recommendation you will find it in the text of my monthly report. I make investments with the intention of holding long-term, and I advise the same approach for you. If I delete a stock from my Monster Master List, it is usually to make room for a new name, not because I believe the stock should be sold. Most often, you will do just fine, long-term, with the names I delete from my Monster Master List.
Dick Young grew up in Shaker Heights, Ohio, graduated from Babson College in Wellesley, Massachusetts, with a B.S. in investments, began his investment career in 1964 with Clayton Securities in Boston, and founded Young Research & Publishing, Inc. in 1978 to publish Young's World Money Forecast. More »
This is just a comment on Mr.Richard Young's brilliant, common sense, level headed, up to the minute, accurate, timely, experienced, insight into the land mines of the financial markets. I have been investing for over 30 years now and have viewed and experienced several other professional market services. None of them have even come close to the kind of information that Mr. Young generates on either a monthly or yearly basis. My only regret is that I had not found him sooner. I would have made far fewer mistakes. No one has a crystal ball on the future and never will. But in the case of financials, the is no substitute for experience and an ability to read the markets in both a forward focus and the experience to call upon the history of the past. Surviving and thriving is all about who you align yourself with and their talents. Mr. Young is the best in his field without question.