Author: Andy Snyder

All eyes are on Washington this week… again. The nation’s capital – and the nearsighted vote counters who run it – remains the single-biggest threat to an investor’s portfolio. With well-telegraphed negotiations over the debt ceiling taking place, the market is finding its fault lines. Near-term Treasurys have been shaken the most. One-month bills now … Continued

The recession is here. There’s a very good chance that America’s GDP will slip backward during the second quarter. If it happens, it will mark the first of the two straight negative quarters it takes to officially declare a recession. Washington won’t have the ability to talk its way out of this one. It won’t … Continued