| By Emma Walsh, Managing Editor, Bill Bonner's Diary Having just signed off on a $1.9 trillion stimulus package, the Biden administration is now looking to implement another plan – $3 trillion to tackle climate change and boost infrastructure, education, and productivity. But the net result of all the “stimulus” to date is an “everything” bubble. Particularly stocks, which are at previously unimaginable valuations right now. And any attempt to return to “normal” would lead to big losses across the board. Joe Biden, Janet Yellen, and Jerome Powell simply won’t allow that to happen on their watch. So there really is no going back now. Full Katastrophenhausse, here we come! Regards, Emma Walsh
Managing Editor, Bill Bonner’s Diary
 | Can the Fed Get Back Home?
Inflation is on the march. Treasury bond yields are rising. And government spending is spiraling out of control. Bill asks, has the Fed already gone too far? Will it ever be able to reverse course? | |
 | Sympathy for the Sell Side
Following on the heels of the $1.9 trillion stimulus plan, the Biden administration is now talking about another boondoggle – this one worth $3 trillion. And with so much new money flowing into so many greasy mitts, the hustlers are working overtime. | |
 | Katastrophenhausse
Austrian economist Ludwig von Mises’ word for a crack-up boom – Katastrophenhausse – seems eerily appropriate right now to describe the state of the American economy. First comes the boom… Then comes the inevitable crack-up. And no amount of fake money can stall it. | |
 | Moonstruck
The bulls are trapped. Fueled by the feds’ “stimmy” checks, they’ve pumped up stocks. Now, they own billions of dollars’ worth of overvalued companies. Any normalization will mean big losses. What can they do now, except buy more. There’s no going back. | |
 | Peddling Influence
Whereas younger investors trust, old-timers look for verification. They’ve seen too many bubbles blow up… and put their faith in too many people who turned out to be untrustworthy. And there are plenty of people “influencing” today’s trusting, callow speculators. | |
 | Supercharge Your Returns With “Boring” Stocks
Our colleague David Forest from Casey Research has found a safer way to invest… without compromising your upside. It’s cheaper than buying stocks… but with much higher potential gains. And you can generate tech-like returns from some of the more “boring” sectors, such as utilities and energy. | | Like what you’re reading? Send your thoughts to feedback@rogueeconomics.com.
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 | The NEXT Bull Market Has Just Started
Will you miss this emerging bull market?
“The world is entering a long-lasting bull market… you have all the telltale signs of the supercycle.” – Goldman Sachs’ head of research.
It has nothing to do with Wall Street, Bitcoin, or cryptocurrencies.
But it could grow your wealth for the next 16 years. Show me the NEXT bull market now. |
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