Rick Ackerman
Articles by Rick Ackerman
The way stocks plummeted on Friday, one could almost believe that Fed blatherer-in-chief Jerome Powell made it happen. We know better; for in fact, the selloff was caused by mysterious cyclical forces that were set in motion billions...
[The following went out last month to clients of my friend Doug Behnfield, a wealth management advisor and senior vice president at Morgan Stanley in Boulder CO. Like your editor, he is skeptical that consumer inflation can...
Bullish seasonality was at gale force last week, but just look at the tired chart! Is this the best that Wall Street's quasi-criminal masterminds can do? Have the evil wizards grown so despairing that they can't even trigger off a 100-...
As if the thimble-riggers at the Fed didn't have enough to worry about, the dollar turned rabid last week, threatening to transform America's still-undeclared recession into a downturn for the history books. The greenback's rally pushed...
The same geniuses who recently handicapped a recession that likely began several months ago as a 20% possibility are now reassuring us that the bear market has already run its course. If so, it would be the mildest, shortest bear market in...
We've had four months to observe and analyze the bear market that began a single tick off January 4's record high. What might be said about it so far? Mainly that it has been far kinder and gentler than we should expect. Realize that...
A lone deflationist on the lunatic fringe of economics 30 years ago, I wrote in Barron's and the San Francisco Sunday Examiner that an out-of-control dollar eventually would do us in. Specifically, I asserted that a...
For many of us, as pleasurable as it might be to picture Twitter in the hands of Elon Musk, and to imagine a despairing Jack Dorsey committing seppuku, Musk should save his billions for more useful purposes. He could start by building a...
For more than a year, I've recommended what my friend Doug Behnfield calls the 'barbell strategy' to secure one's nest egg against the deflationary hard times that lie ahead. As formulated by Doug, a wealth-management advisor based...
[Counting on the Fed to ride to the rescue when the bubble finally pops? You had better have a Plan B, and for good measure, a Plan C, since America could be in for something far worse than mere recession when the asset boom abruptly...
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