Dick Young

Richard C. Young discusses macroeconomics, monetary policy, fiscal policy, markets, commodities, and portfolio allocation and diversification. Young uses over four decades in the investment industry to guide Getting it Straight, with the same philosophies found in his investment strategy reports, Intelligence Report and Young’s World Money Forecast, and his book The Financial Armadillo Strategy.

One of the Best Leading Economic Indicators

The stock market is one of the best leading economic indicators. And investment grade U.S. stocks continue in a Bear market. (1) Dow Jones Industrials, down 0.1% (2) Dow Jones Transportations, down 5.6% (3) Dow Jones Utilities, down 7.6%. By contrast many International Indices are soaring (1) Brazil up 42% (2) Canada up 17% (3) Hong Kong up 26% (4) Japan up 11% and (5) Singapore up 32%.

There Will Be Water

Roberts County is a neat square in a remote corner of the Texas Panhandle, a land of rolling hills, tall grass, oak trees, mesquite,...