In the past, we’ve talked about firms that can’t service their debt without borrowing more money. These “walking dead” companies are getting new injections of life now because of the Federal Reserve’s policies and huge balance sheet expansion.
Let’s face it, fr...
The early part of 2020 has been wild. Between a pandemic, record unemployment, and near-record equity market returns, I’m surprised any of us know which way is up, and which is down.
Well, add another head scratcher to the list – conditions seem to be in place...
The Chairman of the Federal Reserve, Jerome Powell, recently did an interview on 60 Minutes. It was historic in the sense that the Fed chair hardly ever speaks in dire terms about the American economy and rarely uses the term “extraordinary.”
He said, ““While t...
Thanks to COVID-19, there is a huge disconnect between Wall Street and Main Street…again.
Despite what’s happening all over the country in terms of unemployment and a general lull in economic activity, the S&P 500 isn’t far off from its all-time high.
SPENDING + DEBT = CRISIS
August 25, 2017
DANIEL A. WHITE
& Associates, LLC
Securing Tomorrow's Future Today