Investors and traders spend an enormous amount of time trying to figure out what markets will do next. There is no shortage of indicators telling us what investors are thinking, what they are buying and what they are expecting. This came up in a call with some partners this morning and it reminded me why…
America’s debt problem
I was explaining to an investor recently why I think the real American problem is not necessarily the economy or the stock market. It is debt. The US federal debt has already surpassed USD40 trillion and the fiscal deficit so far this year is around USD1.8 trillion. At some point, you do not need a…