Monthly Archives: May 2016

Excellent piece from John Hussman this week.  Read  The coming Fed-induced pension bust: “We strongly encourage investors to continue to save in a disciplined way, but nothing forces investors to allocate these funds to speculative asset classes.”  Unbiased, informed, commonsense, … Continue reading →

“Freedom 55” was a marketing slogan from the financial sales industry that arose during the late, great secular bull that ran from 1982-1999 and encouraged people to spend too much and save too little while banking on risky financial bets … Continue reading →

Many good points made in this speech. What is missing in the history recited (as usual), is the reality that the credit bubble first ballooned housing and financial assets to unsustainable levels that encouraged households and pensions to undersave and … Continue reading →