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Entries from February 2010

Inflation Deflation Double Dip Recession

August 26th, 2009 · No Comments

The U.S. economy will soon experience a strange period of inflation deflation.  Commodity prices such as food and fuel will be rising, while asset prices such as housing and stocks will be declining.  It is a double squeeze on the economy that will create a double dip recession.
When I accurately predicted the stock market and […]

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Tags: News

No Social Security COLA Increase

August 23rd, 2009 · No Comments

Retired seniors collecting Social Security will not be receiving a COLA increase, or Cost of Living Adjustment, in their 2010 and 2011 monthly Social Security checks.  In fact, millions of  Seniors who are enrolled in the Medicare prescription drug program, and who have their premiums deducted from their Social Security checks, will for the first […]

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Tags: News

My Five Favorite Economists

August 7th, 2009 · No Comments

Economists are finally cool. Yes, even sexy.   If you’re a young man who wants to pick-up chicks, see the photo above of Dr. Nouriel Roubini, study to become an economist.   Economists are hip.   Everyone wants to be able to say - “My friend is an economist.  And he says that the economy […]

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Tags: Investing

Retirement Lock Out

August 1st, 2009 · No Comments

Seven retirees aged 55 to 87, were arrested by Los Angeles police after they staged a six hour sit-in at Sen. Dianne Feinstein’s West Los Angeles office, demanding to speak to the Senator about health care reform.  According to the AP article, “Los Angeles police Sergeant Rich Brunson said Thursday that police lured the group […]

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Tags: News