The Highest The Fed Gets Is About 2.50%

If you look at what the Federal Reserve is saying, they're also talking about the fact that we're a lot closer to a neutral rate of interest than they might have felt in the past and that there's really not that many rate hikes left.

I mean maybe the markets are looking for two or three interest rate hikes this year but I think what people are now starting to think is that that may be it. I mean after this year the Federal Reserve is done hiking and so maybe the highest the Federal Reserve gets is about two and a half percent and then they're done hiking.

Stock Market: Celebrating The Cease Fire In The Trade War

Peter Schiff discusses the markets on this 30 minute podcast.

Record Foreclosures In The Subprime Auto Market

I just read an article that we're now seeing the biggest foreclosures in the subprime auto market that we've ever seen, even bigger than in the 2008 financial crisis. That is one symptom of what happened during the credit bubble and now you know the heroin is starting to wear off and it exposes all of the bad loans that fueled the spending binge on automobiles.

Video: Bond Breakdown Gathers Momentum

Video market update (May 15th, 2018)

Opportunities To Invest In Emerging Markets, Foreign Currencies and Gold

If you're an investor, it's an opportunity to invest more in emerging economies, in foreign currencies, in precious metals. Obviously the gold market is being suppressed a bit by the strength of the US Dollar but as the US Dollar surrenders those ill-gotten gains that is going to be particularly good for the gold market.

Related trading instruments:

• SPDR Gold Trust ETF (GLD)
• Market Vectors Gold Miners ETF (GDX)
• Newmont Mining (NEM)
• Barrick Gold (ABX)

Further reading:

The Next Bear Market

Inflation Is Going Dramatically Higher

US Dollar: A Bear Market Rally

Video: Ray Dalio @ Google Talks

Inflation Is Going Dramatically Higher

We are going to have rising inflation and a falling dollar that for political reasons the Fed will be unable to or unwilling to raise interest rates sufficiently to put out the inflationary fire and prop up the US dollar.

The Next Bear Market