The following is adapted from this year’s Note 30 of The Kelly Letter, emailed to subscribers on May 26. I receive notes occasionally from subscribers interested in the situation with banks. Some wonder why we don’t own any stock in them. The situation isn’t good, I’m afraid. The Federal Reserve reported that the level of […]
Category Archives: Corporatocracy
Inflation, Injustice, and the American Economy
Good morning! Here’s what you need to know: ______________________________ OVERVIEW Inflation | It’s showing up everywhere but has been bullish for stocks. Injustice | None of the crooks behind the financial crisis are in jail — maybe because they changed the laws before misbehaving. US Economy | Japan thinks America is recovering less strongly than […]
Also posted in Finance at First Light, Inflation, US Economy
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Is Democracy Dead In America?
In response to yesterday’s article, What Will You Do Differently in The Next Financial Crisis? reader Alan Stockton wrote this comment: I don’t think that this situation is grounds for giving up on trying to change the political playing field to reduce corporate influence. Our government “…of the people, by the people, for the people…” […]
