The Great Tradeoff

In 1913, the Federal Reserve was created by Congress. The objective was to create an organization that held centralized powers over the banking system. One of the goals, in creating the Fed, was to avoid the boom/bust cycles that had been so prevalent in the American economy in the 1800s and the beginning of the […]

Good Time to Invest?

“Today, my long-term view of U.S. equities remains bullish, and U.S. equities could easily be 30-40 percent higher than today’s levels within two to three years. Having said that, for a number of reasons, now does not appear to be a favorable entry point.“ ~Scott Minerd, Global CIO, Guggenheim Investments, Macro View Commentary (8/8/2013)   […]