Author: Paul-Martin Foss

After weeks of discounting the dangers of the coronavirus to the world economy, it seems that stock markets have finally gotten wise to the threat the virus plays to the global economy. The Dow Jones opened Monday down nearly 1,000 points as more negative news about the virus emerged. Numerous new cases were reported among […]

After reaching the $1,600 mark last week, gold began to really break out. While many market analysts had expected gold to see major resistance at $1,600, and perhaps some profit-taking, gold took on that barrier and continued to move up. That confounded many who still rely on outdated correlations and relationships to determine what’s going […]

The story of stock markets over the past several years has been one of phenomenal growth. The bull market in stocks since 2016 finally gave many investors the feeling that the US economy had recovered from the financial crisis. From less than 16,000 points in early 2016, the Dow Jones Industrial Average has rocketed up […]

Every week seems to bring more and more bad news about the Chinese coronavirus. While new cases and new deaths seem not to be accelerating, much of the country remains completely shut down. With about 30% of the US semiconductor sector dependent on products from China, that could put a major damper on US industry. […]

The decade of near-zero interest rates in the aftermath of the financial crisis has helped fuel the creation of one of the largest debt bubbles in history. But while the corporate debt bubble gets much of the attention, as well as the $23+ trillion national debt, household debt grows largely unnoticed. And that household debt […]

Millions of investors realize that a market crash is coming, they just don’t know when. The “everything bubble” has been building up for years, with prices of assets throughout the economy losing touch with reality and underlying economic fundamentals. And despite more and more negative news coming out of China regarding the coronavirus, stocks remain […]

In yet more confirmation that monetary policy normalization will never occur, Federal Reserve Chairman Jay Powell stated in his recent testimony before Congress that “low rates are not really a choice anymore.” The mountain of debt incentivized by the past decade of abnormally low interest rates has grown so large that if the Fed were […]

With so many headwinds affecting the world economy, 2020 is looking like it could be a very dangerous year for many investors. Stock markets may have gained 30% last year, but that was only due to the collapse of markets in late 2018. A 30% rise this year would have the Dow Jones pushing 40,000 […]