National Debt: is the US bankrupt?

http://media.blubrry.com/wealthsteading/p/www.wealthsteading.com/podcastepisodes/wsp_317_200907.mp3Podcast: Play in new window | Download | EmbedSubscribe: Google Podcasts | Spotify | Stitcher | TuneIn | RSSEpisode 317:  The national debt is at astronomical levels, the deficit is larger than tax revenues, the Chinese are dumping Treasuries, the FED is creating trillions of dollars out of thin air…I’m not concerned.  The US canContinue reading “National Debt: is the US bankrupt?”

Rate Cut- good or bad news?

http://media.blubrry.com/wealthsteading/p/www.wealthsteading.com/podcastepisodes/wsp_293_190731.mp3Podcast: Play in new window | Download | EmbedSubscribe: Google Podcasts | Spotify | Stitcher | TuneIn | RSSEpisode 293:  Today the FED cut rates and postponed their Quantitative Tightening program.  The move was much anticipated and therefore we saw a typical “buy the rumor, sell the news” reaction.  The S&P500 was down over 1%Continue reading “Rate Cut- good or bad news?”