Will a Gov't Shutdown trigger recession?
Here we go again, another looming government shutdown with heartbreaking outcomes if one side doesn't budge. I think most Americans see past the histrionic threats by now. The government will shut down, the dramatic media will move on to something else and life will continue ... as it always does. But could this shutdown be the one that causes some real damage? Time will tell.
'Demons on the horizon' for stocks
Another billionaire sounds the alarm; this time it's Jeffrey Gundlach of DoubleLine Capital. Mr. Gundlach sees trouble ahead on a number of fronts, especially for the dollar. Read on to see his common sense reasoning why a recession is all but guaranteed in the months ahead.
Even the Fed is Losing Money
Forecasters are often wrong for a variety of reasons but if anyone should get it right, it should be the Fed. Alas, even with a full-time research team and access to all the data available, they still miss the mark quite often. This is a good reminder to keep your portfolio diversified, no matter what the Fed - or the talking heads - are predicting.