Bruce Wilds is a general contractor that owns real estate in the Midwest, his holdings include apartments and office complexes. He is anchored to reality and the economy as he maintains, designs, and leases buildings. This has made him keenly aware of rapidly changing lifestyles, this blog ...
more Bruce Wilds is a general contractor that owns real estate in the Midwest, his holdings include apartments and office complexes. He is anchored to reality and the economy as he maintains, designs, and leases buildings. This has made him keenly aware of rapidly changing lifestyles, this blog incorporates many of the experiences and knowledge from his hands-on business style, extensive travels, and studies of history, politics, and economics. Unconventional, and a bit of a rebel, Wilds is also the author of the book "
Advancing Time", the book focuses on how the ever-quickening pace of change impacts today’s society and the massive challenges it creates. He feels that it is crucial we understand that we are living in a unique era the likes never before experienced by past generations. This is especially true when it comes to our current "take no prisoners" world of economics.
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Setting Up To Repeat The Policy-Error Error
Powell does not understand the economy is not the financial markets. The economy is Main Street and for years, it has been injured by Fed policy.
7 Fed Rate Hikes In 2022? Needed But Unlikely
What happens on the inflation front may depend on how fiat currencies hang together. We need the dollar to remain strong or Americans will suffer greatly.
Slow Start For U.S. Electric Vehicles, But Times Are Changing
Are EVs really much better for the environment? Mostly not.
https://brucewilds.blogspot.com/2021/01/are-evs-good-for-environment-mostly-not.html
Market Talk - Tuesday, Nov. 23
The Fed should be thankful that investments in intangible assets have helped keep inflation lower than it would otherwise be.
Market Talk - Tuesday, Nov. 23
https://brucewilds.blogspot.com/2021/06/investments-in-intangible-assets-have.html
The Retail Sector Margin Squeeze
Retail closures have huge ramifications going forward.
https://brucewilds.blogspot.com/2020/05/retail-store-closures-have-huge-impact.html
CPI Rises Less Than Expected But Year-Over-Year Numbers Remain Elevated
Productivity matters, see article below.
https://brucewilds.blogspot.com/2021/08/sagging-productivity-will-fuel.html
China Displaces U.S. As The EU’s Largest Trade Partner
Going unnoticed by many people the EU is on the path of strengthening its ties to China in the hope it will spark an economic renaissance. A proposed deal in play dovetails with Beijing's "One Belt, One Road" (OBOR) initiative and follows the signing of an agreement made with Italy last year.
The elephant in the room is that the Euro-zone region simply isn't competitive. This means we should expect the EU's trade deficit to explode in the next few years further adding to its woes. More on this subject in the article below.
brucewilds.blogspot.com/.../...sk-of-becoming.html
The Bubble Of Everything: How A Debt-Driven Economy Creates More Frequent Crises
I expect the long-term strain put upon the government to outweigh most of the short-term economic gains flowing from this spending.
ECB Analysis: Why Lagarde’s Short-Term Fix Is Lose-Lose For The Euro
The EU has major problems and I see the euro as very overvalued. Due to the fact, none of the four major currencies are anything to brag about, predictions of the dollar's demise are likely premature and overblown. When you consider just how destabilizing currency swings can be it is easy to see how a strong dollar could obliterate the global economy. It should not be a surprise in our current situation that behind the curtain central bankers could be busy manipulating currencies so they trade in a narrow range that will not rock the boat. More on this subject in the article below. brucewilds.blogspot.com/.../...ars-demise-are.html