Archive for Uncategorized

Thursday, December 19th, 2019 @ 3:04AM

House Passes $1.4 Trillion Spending Deal To Avert Shutdown

GARY D. HALBERT BETWEEN THE LINES The one overriding theme of my writing over the past 40+ years has been the seemingly unstoppable rise in government deficit spending. It never ends. It probably will never end – that is, until we go over the edge in the next financial crisis…

Thursday, October 31st, 2019 @ 3:09AM

US Economy Slowed In 3Q, As Did Consumer Confidence

GARY D. HALBERT BETWEEN THE LINES The US Commerce Department released its first estimate of 3Q Gross Domestic Product (GDP) yesterday morning. GDP is the sum of all goods and services produced in the US annually. The advance report showed 3Q GDP rose by a better than expected 1.9% (annual rate), down…

Thursday, September 26th, 2019 @ 3:14AM

America’s Huge Debt Is Not A Problem… Until It Is

GARY D. HALBERT BETWEEN THE LINES I don’t know how many of my clients and subscribers are familiar with Ken Fisher who has been a long-time, widely followed financial columnist for Forbes and the founder of Fisher Investments which reportedly manages over $110 billion in client assets. Mr. Fisher is ranked among the Forbes 400…

Thursday, October 19th, 2017 @ 4:50PM

30-Year Anniversary of “Black Monday” – Dow Down 23%

GARY D. HALBERT BETWEEN THE LINES Today is the 30th anniversary of “Black Monday,” October 19, 1987, when the Dow Jones Industrial Average plunged 508.3 points, or almost 23%, in that one day. It was and is the worst single day in US stock market history. At today’s lofty levels, a decline of 23%…

Friday, February 6th, 2015 @ 12:32PM

US Economy is Hamstrung by Shrinking Labor Force

Gary D. Halbert Between the Lines The US stock markets have been struggling since early December when we saw a near-1000-point plunge in the Dow. While the markets quickly recovered to a new all-time high late in the month, it has since been trending lower. Meanwhile, volatility is back with…

Tuesday, December 17th, 2013 @ 9:20PM

Stop Running Scared: Overcome Your Money-Management Phobia

By Dennis Miller A good friend who recently inherited a few million dollars asked: “Why am I scared to death?” The death that precipitated the inheritance aside, he should have been pleased with his new pile of dough. But managing a lot of money is nerve-racking, especially when it’s your…