by Ted Bauman | Apr 28, 2021 | Bauman Daily, Economy, Government & Politics, Government Spending, Infrastructure, Taxes, U.S. Economy
The incomparable musician and mystery writer Kinky Friedman says if you really want to see fireworks over indoor smoking, forget cigarettes. Light up a cigar. For a financial writer like me, the equivalent is calling for government spending. Cue the fireworks …...
by Ted Bauman | Jan 8, 2021 | Bauman Daily, Government & Politics, Stocks, U.S. Economy
“The Dow Closes at Record High as Protestors Storm the Capitol,” read one headline on Wednesday. In today’s video, you’ll find out how much a small-scale insurrection attempt is worth for the stock market. I also break down what the other most important news of the...
by Ted Bauman | Oct 20, 2020 | 2020 Financial Crisis, Bauman Daily, Government & Politics, Investing, Stocks, U.S. Economy
For much of this year, a group of commenters on my popular YouTube channel has been advising me not to “fight the Fed.” To them, it doesn’t matter if stock prices are going up mainly because of the Federal Reserve’s response to the pandemic. The last decade proves...
by Ted Bauman | Oct 13, 2020 | 2020 Financial Crisis, Bauman Daily, Government & Politics, Investing, Stocks, U.S. Economy
“Under democracy one party always devotes its chief energies to trying to prove that the other party is unfit to rule — and both commonly succeed, and are right.” — H.L. Mencken When it comes to party politics, I’ve long agreed with the Sage of Baltimore: a pox on...
by Ted Bauman | Sep 18, 2020 | 2020 Financial Crisis, Bauman Daily, Government & Politics, Investing, Stocks
On Wednesday, the Fed promised to keep interest rates near zero for years and stocks … dropped? Yep. The market knows the Fed has done all it can — or will — do. Now, the future depends on something nobody can depend on: the paralyzed federal government in...