Pension Exit

Why Nervous Pensioners Are Running for the Exit

The public pension system is like a ship headed for rocky shores and the problem was created by the FED. In trying to resolve one problem the FED has created another. By keeping interest rates artificially low the FED has boosted the stock market unnaturally high while at the same time forcing Public Pension Funds to pursue high-risk policies in an effort to fund their liabilities to their constituents. This has created a Catch 22 sort of situation that will not end well. The following video by Elliot Wave International explains the situation.

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Is Fast Food Slowing Down? Five Growing Trends in Restaurants Today

Americans’ taste preferences over the past few years have shifted away from fast food and towards healthier, but still casual, alternatives. Although McDonald’s, Burger King, and their ilk have seen a dramatic slowing in their sales, competitors like Panera Bread, Chipotle and in the west, Cafe Zupas have stolen market share by offering options with more natural ingredients and more vegetables.

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Brexit: Britain Defies the Odds and Chooses Independence

Britain’s vote to exit the European Union (Brexit) on Thursday shocked not only the financial markets but especially rankled the establishment elite including the banksters, politicos and media. The rhetoric sounded like a repeat of the 2014 Scottish Referendum (See: Separatist Forces Growing in Europe) where they spent the weeks leading up to the vote sounding a bit like “Chicken Little” with their predictions that the sky would fall if Britain chose to leave the E.U. (or Scotland left the U.K.) It is interesting to note that the bank stocks were among the hardest hit in the post vote mayhem.

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