Mike Savage
Articles by Mike Savage
It just gets more ridiculous every time we turn around. I just saw that Wells Fargo is going to shut down all existing personal lines of credit (CNBC). Back in 2020 they stopped issuing new lines of credit which, in itself, really makes no...
This week was Fed meeting week. Since the Fed IS the “market” these days the “markets” hang on every word they say. Since the Fed inferred that they may raise rates in 2023 the “markets” showed their displeasure by falling. Of course, when...
As we are nearing the holidays it appears it could be a tumultuous time for many as we are seeing increases of first-time unemployment claims week after week. The reinstituting of lockdowns is certainly not making life any better for...
Many times I have written that if you say something enough- whether it be true or not- many consider it to be a fact. Just today I had a client in and he, along with many others, made the comment that “the market is doing great.”
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