Weekly Points – October 18th, 2024 – 5 Things to Know in Investing This Week – The Central Bankers Are Delusional Issue

Central banks shatter irony meters as a Fed Governor insists they have unlimited dollars, but it’s Bitcoin that has no value. Not to be outdone, the European Central Bank lowers interest rates and at the same time, warns of coming higher inflation. They’d be better off admitting they’re trapped than saying nonsensical things in public. … Read more

Weekly Points – June 14th, 2024 – 5 Things to Know in Investing This Week – The Fed Has No Idea What It’s Doing Issue

I wish I were making this up, but Jerome Powell actually acknowledged the Fed doesn’t have high confidence in its own forecasts. In fairness, we don’t have confidence in their forecasts either. DKI pointed that out in a recent monthly letter where we detailed how inaccurate even near-term Fed forecasts have been. Past that, there … Read more

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