Monthly Archives: January 2021

What Gamestop Means for the Broader Market

Posted on January 27, 2021 by The Phoenix

Stocks have entered a kind of speculative frenzy. You’ve no doubt heard or read about Gamestop (GME) the bricks and mortar video game retailer. The company has been in trouble for months, failing to turn a profit since 2018. And … Continue reading →

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The US is Running $3 Trillion Deficits Atop a $27 TRILLION Debt Mountain

Posted on January 20, 2021 by The Phoenix

Joe Biden will be sworn in as the 46th President of the United States today. He is inheriting a US debt mountain of over $27 trillion in debt. Indeed, the US has a Debt to GDP ratio of 130%. By way … Continue reading →

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The Next Financial Crisis is Coming Soon

Posted on January 19, 2021 by The Phoenix

The Biden administration has yet to take office, but it already has a MAJOR problem on its hands. That problem is the U.S. dollar. The greenback has declined over 13% since its March 2020. That’s a significant decline to begin … Continue reading →

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The US Dollar is in SERIOUS Trouble

Posted on January 6, 2021 by The Phoenix

The $USD in serious trouble.  As I’ve been noting in recent articles, inflation is already in the U.S. economy. The last real bout of inflation the U.S. experienced was in the 1970s. At that time, the only thing that stopped the inflationary storm … Continue reading →

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