by pentoport | Oct 11, 2021 | Commentary
October 11, 2021 Investors are growing cautious as we approach the fourth quarter, and their trepidation is justified. Here’s a brief summary of the situation: there is a potential global financial crisis stemming from the Chinese property market meltdown, supply...
by pentoport | Aug 30, 2021 | Commentary
August 30, 2021 It is not very surprising to me that nearly every talking head on Wall Street is convinced inflation has now become entrenched as a permanent feature in the U.S. economy. This is because most mainstream economists have no clue what is the progenitor...
by pentoport | Aug 23, 2021 | Commentary
Happy 50th Anniversary Gold August 23rd 2021 Friday the 13th of August 1971 was a very important date in U.S. history. It was the date that set the table for the beginning of the end of the USD’s world reserve currency status. And, greatly expedited the road...
by pentoport | Jul 27, 2021 | Commentary
July 26th 2021 The Fed’s manipulation of the money supply and its cost has served to obliterate the function of asset price discovery, just as it has also caused the middle and lower classes to reduce their standard of living. Since a greater percentage of their...
by pentoport | Jul 12, 2021 | Commentary
July 12th 2021 We are probably very close to the peak of this ersatz bull market and economy. Peak vaccination distribution, along with the peak optimism about the vanquished pandemic and the re-opening of the economy. U.S. corporations are experiencing peak profit...
by pentoport | Jun 28, 2021 | Commentary
June 28th 2021 The Japanese Government Bond market is nearly $10 trillion in size. It is the 2nd biggest bond market in the world. However, it comes as a shock that this humongous market barely trades any longer. The government of Japan has systematically supplanted...
by pentoport | Jun 21, 2021 | Commentary
June 21, 2021 The Producer Price Index for the month of May was up 6.6% year over year. This was the greatest yearly increase since the Bureau of Labor Statistics began tracking the data. In addition, the Headline Consumer Price Index rose 5% year over year in May,...
by pentoport | Jun 14, 2021 | Commentary
June 14, 2021 Inflation is running white-hot right now, and the reason is clear. It is because the Treasury poured $6 trillion into the economy between March of 2020 to March of 2021. That amounts to nearly $50,000 per US family in the name of pandemic relief....
by pentoport | Jun 7, 2021 | Commentary
June 7, 2021 The U.S. central bank has metastasized from an institution that was originally designed to assist distressed banks, to one that believes its purview now includes perpetuating asset bubbles, fighting global warming and reconciling racial inequities....
by pentoport | May 11, 2021 | Tax Accounting Services
May 10, 2021 In March, President Biden signed into law the American Families Plan. His hopes are to grow the middle class, expand the benefits of economic growth to all Americans, and leave the United States more competitive. These ambitious spending plans will...
